Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark Fowler who wrote (54112)	4/29/1999 4:26:00 PM
From: Rob S.	Respond to of 164684

While there is some support at that level and AMZN may bounce off it because it would have come down around 30% from the recent high, enough to be considered a significant correction, if the climate doesn't improve Amazon could head lower. I tend to agree with you for the short term, that 150-160 may find some support. But be careful, the dog days of summer are almost upon us. Institutions and some big money will vacate Amazon before summer, followed by individual invetors who will wonder how it sank so much even while the ANALS were calling for new gains. Mark, the big boys are folding their cards and getting out of the game for now, IMO. Good luck all!

To: Mark Fowler who wrote (54112)	4/29/1999 4:26:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 164684

Mark, I agree with that. I actually calculated $154, but that's probably pushing it. OT....I'm looking at a buy for EXDS too, any possibility for 70's again? TIA bp