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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 242.99-0.5%9:30 AM EST
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To: Jan Crawley who wrote (66055)7/2/1999 9:55:00 AM
From: Iris Shih  Read Replies (1) of 164684
 
Jan,

I am thinking that for those old internet leaders which haven't break out their 50 or 200 mas that they might have much difficult time to attack or even close to their old highs this round due to heavy overhead supplies and resistance. Unless they can produce some exciting, surprising news or earnings.

Look at those ipo newbies. Money is flowing into them because of not much overhead resistance.

I'll watch intc. I think it should stall around 67+ for a while.

Iris
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