Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.25

-2.0%

3:59 PM EST

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To: GST who wrote (68484)	7/20/1999 9:01:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

4) There is a glut of new issuance -- that is a problem for stocks that are being sold to make room for new ones -- like the nets. This has been a problem and I wish I knew someone to blame for it<G> Conclusion: A sideways correction/rotation in which techs slide and some cyclicals do ok -- principally stocks like GM. If AOL does ok, they could pull away, but watch out for the really crappy ones that are still over-owned -- you know, the ones that bark like a dog, smell bad and scratch a lot <g>. I agree here. I my rotate a bit myself but can't watch the market tomorrow:-( BTW -- there is lots of potential 'bad news' to help power a move down -- like China, and China and China -- and the dollar. I do not know how much a factor China may be. This is where you excel greatly:-)

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