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

AMZN 239.30

-1.0%

Jan 30 9:30 AM EST

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To: Eric Wells who wrote (81080)	10/18/1999 3:31:00 PM
From: Randy Ellingson	Read Replies (2) of 164685

I'm just hoping the market drops irrationally low, and so far it's headed in the right direction. [ Edit: well, now it looks again like a possible turnaround... ] My guess (and I am not a trader) is that will require a further drop in the Nasdaq by a couple hundred points, and the Dow back towards 9000. It wouldn't bother me to see it happen today, but it's not likely I suppose. More likely is that we'll see pretty good earnings continue to be announced over the next couple weeks, and the market drop in the face of them. At any rate, if the market's lower a month or two from now, that will be fine with me as I'll have more cash to buy stock with by that time; I'm not really ready with sufficient savings now. Randy

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