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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.88-0.8%3:59 PM EST

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To: H James Morris who wrote (100171)4/12/2000 5:00:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Amzn closed in the 50's...you might be on to something...I wish you luck.

James,

I dislike AMZN and its fundamentals as you must know by now LOL. I do believe AMZN is following the correction based on their beta. I also agree with you that it would take a bomb to bring that stock down. It is just strong and apparently there is a lot of confidence in the model.

It bothers me...the Dow sold off too.

There were people I was in touch with that sold some Dow stocks to keep margin down from their tech holdings. I have no clue how this will playout but I think we could say the Naz pulled the Dow down as margin money went to money heaven.
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