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

AMZN 217.15

-2.5%

Nov 20 3:59 PM EST

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To: 16yearcycle who wrote (79654)	10/5/1999 3:45:00 PM
From: KeepItSimple	Read Replies (2) of 164684

>Thanks! I think you nailed it and I forgot about Blodgett. Yes, that is understandable. And exactly what CNBC wanted. When Blodget came out with his Holiday Basket, CNBC repeated it every hour for 3 days. When Blodgett had an interview in the LA times, where he stated most internut stocks would decine 75%, it was not mentioned once. And it still hasnt been mentioned. William says "its not news" but obviously Blodget's bosses made a few calls to CNBC. After all, CNBC is part owner of an ECN, and internuts account for a large portion of that ECN volume. (revenue) If people get out of the nuts, their profits drop.

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