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: KeepItSimple who wrote (55400)	5/5/1999 1:39:00 PM
From: Miche Elle	Respond to of 164684

there are many red flags, and softness of SILK IPO and other IPOs are included, however, i'll use this opportunity to disagree with you on one point: while the near term direction is increasing gaining a negative momentum to the downside, i wholeheartedly disagree with your earlier post to the effect that the internets are dead in the water altogether. AMZN bottom? i don't know where the ultimate bottom may rest, but i strongly disagree that it will go straight down to the level you projected during this particular "move" -- and i remain short the stock as i type this....but stocks don't go straight down to the bottom of their charts: there will be spikes up, as well as spikes down -- but ultimately, and for long term holders, the techs are anything but dead, there will be a housecleaning with more solid cos and higher technologies emerging as leaders. The ultimate direction of AMZN is anyone's guess, including mine....but i'm not interested in the co's viability over the long term, and am only interested in it's near term movement.