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: 16yearcycle who wrote (56670)	5/14/1999 12:01:00 AM
From: Sarmad Y. Hermiz	Respond to of 164684

Eugene, I still have no idea why all the nets dropped sharply in unison right at 14:55. The news re oracle were known all day since before the open. I am worried it has to do with consumer price index. Isn't that due out tomorrow ? I wish GST was around. He always knows these things. But regarding your dip. You will get it for sure. The rebound in all the internets was very weak. You have to exclude qcom, tern, cisco, etc... for obvious reasons. But yhoo, dclk, ebay, amzn, vert, and so on go up on very small volume and always look like they want to drop. meaning spikes up are short lived and the down periods last most of the day. Even yahoo was very quick to drop today. But the better question is how low will they go ? I don't think there is any TA for that. It is just a game of chicken that the funds will play to see how far prices will drop before someone starts buying. One thing to watch for is Henry B. He drove yhoo 25 points up. If amzn drops way below his 150 target, then he'll probably say it is time to buy. However, last time he spoke up at 85 with a 133 target.