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


To: Mark Fowler who wrote (54938)5/3/1999 9:09:00 PM
From: dav  Read Replies (1) | Respond to of 164684
 
Amazon.com saw its shares plunge 12.2 percent after Barron's said in its "Up & Down Wall Street" column that the largest Internet retailer's shares are worth 25 at most, according to Bloomberg. Shares of Amazon lost 21.12 to 150.93.

I think AMZN worth better than that, maybe $50 ?

eom



To: Mark Fowler who wrote (54938)5/3/1999 9:36:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Thanks Mark -- AMZN seems to be a little fuzzy on how it reacts to support -- I guess it is because it is pretty volatile, yes? To be quite honest, I will be a little reluctant as a first time long-side player, but will put a toe in the water as soon as I can. I am 'long' LSI for the moment. I wanted to wait for a clear bounce off something like 31 but decided to go with the flow in the heat of the run-up at the end of the day.

Thanks again



To: Mark Fowler who wrote (54938)5/3/1999 9:48:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Mark, you think that Amzn is close to the bottom?
I think not. You're an individual investor not an elephant. The elephants have no passion like us. They didn't like Bezos's comments on, "we're going to keep plugging ahead, using up Morgan Stanleys junk $money".
The elephants are stirring and it's affecting all the other Internet gorilla's too.
Trust me.
Ps
If you don't trust me, just look @ Cmgi, for the last few day's.