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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Olu Emuleomo who wrote (76101)9/5/1999 8:08:00 PM
From: Jan Crawley   of 164684
 
Ok, Olu, here is the so-called "6-Weeks of Yhoo-e-plays":

After 1Q99--Yhoo dropped from $240 to $132 in 6 weeks. Then
6wks before 2Q99e, Yhoo @$150
3wks before e, Yhoo @$120
1wks before e, Yhoo e-run from $140 to $189.

After 2Q99--Yhoo from $189 to low $110 in 6 weeks again. Now...
6wks before e, Yhoo was at $140
3wks before e, will be...

Last e-run was short and not very sweet and everyone knew that summer was coming; I think that this time it will be a little longer but not very sweet either. With only 9M short shares against a 80M float, to generate the e-run there has to be lots of bullish buying without much help from the bear-fear. What does your charts say?
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