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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: 16yearcycle who wrote (65907)	7/1/1999 2:06:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Gene, >> Yhoo poised to get through 180. If it does, what do you think...200...220..new highs, before some fall gloom? This surge was much more problematic than previous ones, so I expect less. << I think no new highs. The people who buy with abandon on the breakout have gone bankrupt, or at least learned their lesson. I'll stick with 190's. I think there will be lots of selling, especially since at 190 people will have huge gains in just a few days. Another thing, because of the BCST and GCTY dilution, even with higher rev and e, the e per share will not go up. So for both FA and TA I don't see new highs. And if we did, I will overmargin my account in shorting yhoo.

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