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

AMZN 234.29

+1.3%

Jan 22 3:59 PM EST

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To: Bill Harmond who wrote (79466)	10/4/1999 8:02:00 PM
From: GST	Read Replies (2) of 164684

William -- went long IBM today, lightened up ever so little on gold, and re-entered some OEX puts at the end of the day. I don't know what to expect now -- I have a good feeling about gold, but that is about it. The move on gold today showed some real strength. Somebody out there is hurting -- defaults by shorts are rumored to be in the works, which will really panic the investment banks and put pressure on lease rates and continue to fuel the move up -- remember what it was like when the shorts were on fire in the inets? :) I do not understand why YHOO sold off a bit today -- nothing significant, I know, but I don't see why Yahoo would be weaker than the others.

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