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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: dbblg who wrote (96596)3/16/2000 11:00:00 AM
From: Tom Kearney  Read Replies (2) of 164684
 
Ganesh - I can hardly believe that short interest provides some sort of cushion for a falling market. I would think the shorts would cover over a period of time such that the net effect would be slight. So much commentary on the stock market is fitting facts to make whatever argument you want to make, and that's what this sounds like to me. But, of course, I could be wrong.

Great story about XRX in Forbes. At a PE of 10 or so, and lots of development coming out of PARC, it seems like a steal.

Sorry about YHOO. Earning season nears, and they have a well established history of positive spikes leading into that.

Regards,
Tom
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