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

To: Sarmad Y. Hermiz who wrote (52527)	4/24/1999 10:29:00 AM
From: tonyt	Read Replies (2) \| Respond to of 164684

>Is there anything in the world that is not positive for amzn ? Aparently not ;o) >Lets go further. The approach of April 28 as a calendar event is positive for amzn. Sure, why not? More money flow due to tax refunds. More people wanting to buy before the split. And after all -- it is April 28th. >What next ? Arrival of warm weather. No problem. Positive for amzn. Actually, you will hear from analyists that the arrival of warm weather is a plus as people will be buying more books and cd's for the beach (remember -- you heard it here first!) >What would you say, it will top out at 240 to 250 ? Or is that too conservative ? Clearly too conservative. Since DLJ has a 'target' of $280 (which they will either re-it or raise Thur), look for $300 (which is only $900 pre-split!) Looks like soon there won't be any reason for deciding between a black Lexus or a green Lexus -- just buy both!

To: Sarmad Y. Hermiz who wrote (52527)	4/24/1999 4:02:00 PM
From: GST	Read Replies (2) \| Respond to of 164684

Sarmad -- re: top in amzn -- Imagine there are real shorts out there right now on AMZN -- we could see a surge to the range you suggest, in the 250 range. I cannot say that there is any science to this valuation. A 20-50 dollar move in AMZN, for example, would be huge, but certainly not out of the question. Somebody recently suggested a surge to 300 -- which may sound a little silly, but then look at the charts -- silly is hard to define here. As H James has pointed out, this is a tough stock to make money on by buying puts -- I hope I don't blow a bundle on this, knowing how strange it can be. I have been super cautious about taking another shot on this one -- I will probably feel a little queasy when I finally decide to 'click'.