Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.55

+0.2%

Dec 5 3:59 PM EST

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To: Glenn D. Rudolph who wrote (70679)	7/29/1999 5:33:00 PM
From: Lizzie Tudor	Read Replies (3) of 164684

I am betting we are close to completing the correction. Maybe another 200 DOW points. I agree with you. I am unsure whether this is the Sept/Oct correction moved up a month or just an interim correction though. Net stocks have a different problem and that is all these junk IPOs though. I am thinking a real rout in those is still ahead (well it has to be since a lot of junk is still coming out). There are 2 high quality stocks that I think could suffer tremendously when the other junk falls - engage and drugstore. Maybe others but those come to mind. They have fared no better than some of the dogs and they might get thrown out with the bathwater when $$ really leaves.

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