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Technology Stocks : America On-Line (AOL)

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To: wiz who wrote (29537)8/17/1999 1:37:00 PM
From: puborectalis  Read Replies (1) of 41369
 
Added AMZN to AOL position today as I feel that technically Amazon looks better and we're approaching the backtoschool and holiday retail season.There should be plenty of hype regarding E-retail and E-commerce in the weeks to come.

"During the most recent Internet stock slump, bullish analysts continued to push a core basket of top-name stocks. Investors now seem to be buying back into those marquee names. Amazon, which is about 54% off its 52-week high, is on a tear, climbing roughly 12% since last Tuesday. Still, the stock has taken a beating from investors who were disappointed in the company's expansion plans and lack of profits."
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