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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (9503)10/27/1999 9:01:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
**Amazon** Amazon reported losses tonight and it does not look as though the Street was impressed. In fact, I expect pressure on this sector tomorrow regardless of ECI. There will be big pressure on analysts to downgrade. Even Blodget may downgrade AMZN here. Sentiment is changing in this sector and the techs. in general. Fourth quarter visibility overall has deteriorated the past few weeks. The earnings part of the equation is now in question.
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