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


To: Olu Emuleomo who wrote (55052)5/4/1999 11:50:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Thus, the *real* support is at 150!!

Olu, I am having a day pending buy for 150 shares at 150 3/8; but if I do not get them before 2pm., I will adjust down-ward.

You have some left-over Amzn shares?



To: Olu Emuleomo who wrote (55052)5/4/1999 12:09:00 PM
From: Tradegod  Respond to of 164684
 
>>>I am holding 400 EMC very long shares. <<<

I like EMC as a company, but have been concerned about their stock price for some time. Looks like the market is agreeing with me.

Here's why. Remember tradegod's rule of technology. "Cheap wins" and to expound, "It's easier for cheap to get more powerful than for more powerful to get cheaper"

Explanation: In the 80's the bet was on Digital vs IBM, then it was on CPQ vs Digital, then it sub $1000 vs everything else.

Correlation: With all the disk drive makers in the sh*thouse for the last year, and EMC growing like a CSCO, how long before they come after that high capacity storage business with all it's good margins. Not a knock on EMC, just market realities. I believe they are vunerable.