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

To: Sarmad Y. Hermiz who wrote (60080)	6/3/1999 8:19:00 AM
From: Glenn D. Rudolph	Respond to of 164685

What do you think Glenn? Is amzn stock going higher ? Or was today just one of those oddball aberrations ? This is the third strong upward reversal it had in 2 weeks. Each time from a lower base. How many more of these can it do before a trend is established ? Sarmad, I learned with certainty that my predictions of price movements is terrible during the last two years. I will guess. I doubt AMZN can move much higher. There is too much dilution from the junk bonds and insider selling. There are not enough buyers with the uncertainty of the future and the summer being here. My guess is 120 at best and that is in a strong market. Glenn