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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.99-1.1%3:59 PM EST

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To: GST who wrote (72939)8/10/1999 1:31:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Glenn re: bottom. Assuming we saw enough of a shift from strong hands to weak hands in the first part of this move
over the last few weeks, we are nowhere near the end of this decline. Foreign selling will intensify. Margin calls should
begin to bite harder each day. And the nets are going to be damaged beyond repair. I think we will hear more about net
stocks hitting 52 week lows -- at which point people will talk about the 52 week lows as targets -- have a look how low
that is for the 'blue chips' (I am resisting a hearty LOL here).


GST,

You are too bearish<G>
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