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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Robert Rose who wrote (104595)	6/3/2000 12:47:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

>> but the potential for 20-25% more gains remains through the summer Hi Robert. I am expecting a little more rally, maybe less than the 20% you mentioned. So far this latest rally lasted 4 days. We have had a couple rallies since March that lasted a week and then fizzled into a lower low. And each time the down trigger was expected Fed tightening. I think this time also, if sentiment reverses it will be due to the usual suspects of PPI, CPI or ECI. So I hope we get a chance to take a little more profit next week before one of those numbers looms closer on the horizon.

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