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


To: LTK007 who wrote (59354)5/31/1999 1:55:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
>> AMZN will probably never collapse as long as the institution want to hold it up--but if they
ever decide to bail it collapses in blink of an eye.Max90
<<

Even though it did not collapse, someone must have sold many shares. Who has this many shares other than funds ? My guess is they stopped selling, since the drop stopped. It will go up when they start buying. Some people here (who are smarter and richer than me) are betting it will go up again by early July. If enough people think that, then it will go up even without funds buying. Just not to a new high.