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


To: JC Reddy who wrote (59261)5/30/1999 6:53:00 PM
From: Jan Crawley  Respond to of 164684
 
(my guess until $50).

A few thoughts:
1. If Amzn drops below $90, institutions(elephants) support will rush in for the short-term. June 30 quarterly reports or/and window dressing.
2. Current float is still largely owned by the institutions, and played by the major shorts...swings will continue.
3. Do not under-estimate the bond holders, their b/e number is $157..