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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%Nov 20 3:59 PM EST

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To: Jan Crawley who wrote (67201)7/12/1999 1:48:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) of 164684
 
Jan,

>>you think that Yhoo is coming into a "short-term bounce play" sort of buying range?

I thought about it some more. You know how I am always accused of over-thinking these things, instead of just plunging ahead.

I am puzzled yhoo has dropped as much as it did. I think it has a bounce coming, but it is best to wait for the down days to end. There must be a huge number of shares that were all set to be dumped last Tuesday. Except some party poopers decided to take their profits early, and spoiled the plan. Anyway, these holders have no plan to double down or anything like that. And the funds proved they won't buy until the 120's. So, my plan is still to expect the 130 to 160 trading range, but with a quick and scary dip into the 120's.
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