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


To: getgo234 who wrote (56376)5/11/1999 6:56:00 PM
From: Tae Spam Kim  Read Replies (1) | Respond to of 164684
 
getgo, it's impossible to predict day to day moves like you're asking. Just remember, Amazon.com has 8 million customers and is aiming at nothing less than becoming THE retailing franchise of the 21st century.

-Tae Kim



To: getgo234 who wrote (56376)5/11/1999 7:48:00 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
>> Is AMZN likely to play catch up tomorrow assuming that the internets remain strong ?

Amzn will not catch up. The nuts that were strong today will give up some gains tomorrow. The day will belong to csco, and comm equipment makers.



To: getgo234 who wrote (56376)5/12/1999 7:35:00 AM
From: tonyt  Read Replies (1) | Respond to of 164684
 
>I understand that AOL and YHOO received favorable comments from several analysts
>tday. However, shouldn't AMZN have been pulled along for the ride ?

YHOO and AOL had positive cc's after Q1, AMZN did not.



To: getgo234 who wrote (56376)5/12/1999 9:20:00 AM
From: Jan Crawley  Read Replies (3) | Respond to of 164684
 
Is AMZN likely to play catch up tomorrow assuming that the internets remain strong

I think at this point, Mo players dominate the daily trading. Jammie-DLJ set Amzn's price target @280 only a few weeks ago but received little support from the institutions. The rest of the elephants have been adjusting their Amzn holdings and did not want to help DLJ and the bond holders to cash out. So I think that for today and the immediate future, Amzn is more range-bounded and have more down side than up. For today and for me, I am thinking $153 to $141.

But for the next 2 to 3 months, I think Amzn $80(whenever a few big sellers decide to unload).