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


To: Henry Niman who wrote (54449)5/1/1999 8:07:00 AM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
>>>. Michael Murphy said he was shorting AMZN and they
should rename the company Amazon.org <<<

Yes, I heard him. Meanwhile, the same AMZn he is dissing is *still*
trading above its 50day EMA. That 180 is looking very much like resistance. I turn bearish only when we close under the 50 day EMA for 2 consecutive days.
Notice he did not mention YHOO. Meanwhile, AMZN's chart is stronger than YHOO's (which I am long BTW)

--Olu E.



To: Henry Niman who wrote (54449)5/1/1999 11:49:00 AM
From: tonyt  Read Replies (3) | Respond to of 164684
 
Murphy covered his AMZN shorts Thur, and he has yet to re-short it.
Stop spreading false (or old) stories just to spam us with your web site.



To: Henry Niman who wrote (54449)5/1/1999 11:59:00 AM
From: tonyt  Respond to of 164684
 
Barrons:
The Dow vs. the dot.coms

The Week's Top and Bottom 10 | The Largest 10

Industrial stocks continued to rack up gains in the week through Thursday, at
the expense of Internet and technology issues. Strength in commodity prices
helped fuel advances in names such as Alcoa and DuPont while the toast of
day traders, Amazon.com, suffered on revealing its losses would widen as it
spends heavily on promotions and services. Investors took profits in other
Internet darlings such as eBay and America Online as well. Reflecting the
rotation out of technology into more cyclical issues, the best-performing
mutual funds for the week were heavily skewed towards commodity
producers. Rydex Precious Metals led the pack with a gain of 8.52% on the
week, for a year-to-date return of 14.22%. Robertson Stephens Information
Age trailed with a loss of 6.98%, bringing its gain for the year to 14.98%.
And the natural resource sector was the best overall. Of the nation's largest
funds, Morgan Stanley Dean Witter Dividend Growth delivered the top
performance for the week, at 1.91% for a total return of 1.91% year-to-date.
Big losers were Janus Fund, off 4.05% for the week, and Janus Twenty, down 3.97%



To: Henry Niman who wrote (54449)5/1/1999 12:03:00 PM
From: tonyt  Read Replies (1) | Respond to of 164684
 
>Monday's Barron's which has AMZN as the most over valued stock

Barrons: A word of warning: Just because 75
managers consider Amazon.com the
market's most overpriced stock, and a
further 48 feel the same way about
America Online, that does not
necessarily mean the shares of either
company will deflate any time soon.
Without question, the Big Money
managers have proven themselves adept
at highlighting overvalued stocks in the
past, including, Presstek, Boston
Chicken, Coca-Cola and Gillette. That
said, shorting the stocks our panelists
deem overvalued has never been a path
to instant riches. It often takes a while
for reality to catch up with the hype in such cases. (See the "Report Card".)