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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (52251)	4/22/1999 2:40:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

What does it look like to you? Eugene, DLJ's 285 target coupled with the e+split expectations were taking "seriously" this time; there was no debate on CNBC and both shorts/longs hedged/positioned themselves. Which sent Amzn to touch 190 and also twice dropped to 150s' in the past two weeks. So I think that the Long(buy) and short(covering)is over and only the Momentum trading is standing ready for this run. Do you think that they can do it? "They" all want Amzn to go above $230 so the conversion of the bonds will occur and therefore the effective secondary will be realized. But Amzn's 4/28 reporting date maybe out of the "cycle" with the Net market and it may not be happening for Amzn. For me, I will not short or long, will just try very limited day-trades and stand ready for puts orders if we have a nice run next week.