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

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: Mark Fowler who wrote (78818)	9/28/1999 6:09:00 PM
From: GST	Read Replies (1) of 164684

Mark: You know I expect a bloodbath. For the moment, the indication seems to be that this will not take place until earnings season is in full swing some time later in October. The inets put in a good showing today. The fragile nature of the market keeps me wondering if I am doing the right thing, keeping some serious long exposure while hoping to clear the decks before they get swept clean by a sharp down turn. But that is what I am doing for a few more days. Our markets are ripe to be punctured -- I would just like to see a little more air go into the baloon first. Good luck. p.s. the yen is letting off some of the pressure for the moment -- a positive sign. If the BOJ pumps some serious cash (yen) we will get that air -- hard to say, but it looks like it will happen that way.

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