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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 245.07+1.7%1:14 PM EST

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To: Mark Fowler who wrote (24321)11/3/1998 5:13:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Looks the Amzn will come back to the middle band to test 120 support.

Mark,

I do not wish to make stock price predictions. I am becoming supersitious lately<G> Today was the first day that the insiders of the acquired companys could sell. That is notice given after earnings and then the three day waiting period based on the contract.

I am not a chartest nor expect to be. However, I was watching the trades and there were a fair amount of decent size block sells. Not enough to get excited over but it may be some of the first of the acquired compnay shares to dilute. The flaw to this argument is the drop in YHOO too.

Glenn
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