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


To: Jan Crawley who wrote (55987)5/7/1999 12:33:00 PM
From: HG  Read Replies (1) | Respond to of 164684
 
Wow - that WAS good ! 205 - 220 in 15 minutes. I must forget the gap and jump in when we revisit 205 next time. The lower it goes, the more afraid I am !!!!! Should be the other way round !



To: Jan Crawley who wrote (55987)5/7/1999 12:45:00 PM
From: Rob S.  Respond to of 164684
 
Jan, to your previous post to me, sorry to respond late. I would be careful buying until it dips from this level down to around 125. AMZN has found some support in here and could rally back up to the 140s or 150s. I don't think a rally is sustainable at this time. The thinking has shifted and perhaps even new announcements of acquisitions or marketing agreements won't be treated as positives. Now they may be sen as just another way Amazon has figured out how to shoot the chance for profits. But the sector will probably see a bounce before the spring fling is over. The tulips are still blooming in the valleys in North West Washington! But the festival is over.



To: Jan Crawley who wrote (55987)5/7/1999 12:47:00 PM
From: HG  Respond to of 164684
 
I see your point Jan. I often buy 100 shares for stocks I am nervous with - like 100 of NTBK this time round ! QCOM is good trading stock, and I think I will forget the gap for the time being ! The good thing about buying 200 or 300 is that you can get out with 2 points too, and still cover the high Schwab commissions ! But of course the risk is higher too !

100 of CMGI then :-) and here I come holding Jan's hand !!!!!!!!!