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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: Marshall001 who wrote (70424)7/29/1999 1:26:00 AM
From: Dwight E. Karlsen  Read Replies (2) of 164684
 
For the life of me cannot time it right.

That reminds me of when a long time ago James J. Cramer admitted in a column that he had rough luck timing ASND.

On AMZN though: What is negative for longs is that we're not even in August yet, although we're close. Then we have to get through Sept. In two months, the stock could be down quite a bit. It just depends on who caves in and sells, and how many shares they have to get rid of. More insider selling could also knock it down, which could cause more holders to give up and sell, etc.

And the dearth of I-net news. Notice that? Other than Drugstore.com IPO today (which wasn't really news, since it was so looked forward to already), there just isn't anything about 'net stocks to get excited about. I suppose anything can happen to shake people up and get them excited again, perhaps something totally unexpected like YHOO merging with EBAY, or something of the sort.

It's like the sector is just newsed out, sorta like the last flare dying down on a roman candle, which had spouted colorful fire only a moment ago..(reminds me of the words on the header of this very thread).
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