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

To: Jan Crawley who wrote (52483)	4/23/1999 4:31:00 PM
From: MoonBrother	Read Replies (2) \| Respond to of 164684

OT - hate to talk about car, but seems like a reasonable extension after AMZN gained $20 today. Which year your Lexus LS400 is? I've shopped several places and finally decided to take one next weekend. Suggested sales price $57K, dealer cost $49.5K, and I am able to cut the price down to $50.5K. Not bad! Now back to OT - On Topic that is. So that was a fun day today, or wasn't it! Hope everyone enjoyed as much as I did! With other stocks in the group not doing too much, AMZN certainly stood out as the undisputed Net leader today. Now the question is, where AMZN will go from here? My guess is another $30 ~ $50 up by Thursday. The reason I think this way is that, we've seen tons of institutions rushing into AMZN lately. The latest data shows that the institution ownership of AMZN has increased from less than 30% in Q398 up to 70% in Q498. I think still more institutions are getting into AMZN this Q, this is supported by a previous message regarding money flew today. So, looks like every seller is now met with a couple buyers out there right now. With the up-coming of the blowout Q1 result, possible 3-for-1 split and definite upgrades afterwards, AMZN has nowhere to go but up! Good luck and enjoy your weekend! MB