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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 239.16

+2.1%

Jan 23 9:30 AM EST

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To: Glenn D. Rudolph who wrote (65031)	6/28/1999 10:26:00 AM
From: Tradegod	Read Replies (1) of 164684

Here's a crazy one: Short CSCO Don't mean to blaspheme: For no other reason, than it's the last to fall and all the other high PE stocks are pointing in that direction. If we get a rally, I would imagine the more beaten down will attract attention first offering a chance to cover. Until I see some of the Golden childs move lower, I will remain cautious believing there is more selling to come. CSCO is back to a trailing PE well over 100. >Strong market and a lot of selling into AMZN. Any thoughts?

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