Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: fedhead who wrote (100408)	4/13/2000 4:50:00 PM
From: Bill Harmond	Read Replies (1) of 164684

I think it depends on what likd of decline this is. If it's a seculat bear market, they usually end by attrition...a slow low volume decline followed by a final capitulation drop. If it's a correction, I think it could bottom with a high-volume reversal. This reminds me of 1994. That correction (the background was Fed increases and an oversupply of follow-on and IPO financing, like now) had two parts as I remember. A March/April leg down for the more speculative issues, followed by a leg down in the best issues, ending in June...concurrent with the end of the quarter.

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