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


To: Sarmad Y. Hermiz who wrote (60508)6/4/1999 12:02:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Traders/investors/speculators/shorters have had
several days to look at amzn at this price and it is holding in good volume. So I
would say it has found a base. I also think it will go up as the time gets closer
to Q2 report. But I just don't think it will be explosive like last 2 times.<<

I think the stock has found a base here and Yhoo too. We'll see what happens as we move into Xmas season again on Amzn might be a surprise.



To: Sarmad Y. Hermiz who wrote (60508)6/4/1999 12:06:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
But I just don't think it will be explosive like last 2 times.

Sarmad, think about the Amzn players.
The elephants, intentionally or unintentionally, need:
1. The buy/hold forever retailers,
2. The "in-experienced and F/A type" shorters
3. The Mo e-day-traders.

If there are only the "right kind" of shorts left, and many of us just trying to buy low and sell high quickly..then the tide will change for sure and there will be no new highs or old highs.