Amazon.com, Inc. (AMZN) Message Board

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

AMZN 238.06

-2.5%

3:18 PM EST

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To: Sarmad Y. Hermiz who wrote (65094)	6/28/1999 1:39:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Why not. It is a very catchy phrase. It rhymes. The end is here. But seriously, the minute chart for amzn looks terrible. What bothers me most is that the DJIA and nasdaq are up. Which means this selling is NOT driven by interest rate worries. The BKX is up. So why did amzn go down on increased volume ? along with the other nets. Sarmad, Some negative comments from Blodgett regarding AOL seemed to have affected the entire net sector. I have been watching closely as I am certain have you. It seems money is starting to flow back into the net "leaders" now. Not in large quantity but enough to say we have a temporary bottom. I plan to hold my long positions throught this. If you see any large sell blocks that I miss, please point them out.

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