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

AMZN 228.75

-1.6%

3:32 PM EST

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To: H James Morris who wrote (106676)	7/28/2000 1:59:50 PM
From: Eric Wells	Read Replies (2) of 164684

$31bil market cap with no recorded revenue. Jim - I thought those 80-point IPO pops were a thing of the past. Congrats on your trade. By the way, for what it's worth, here's Cramer's take on the apparent bounce that the market is currently try to make from its lows (TheStreet.com, 1:47pm ET, 7/28/2000): "WIth 50 deals on tap next week--that's right, 50--and with insiders being able to sell because the window is open after earnings, we are looking at more supply than we have had any time since March. We don't have the cash to take it all down (we meaning the market) so we don't want to play the bounce. Call us bearish? Call us whatever you want. We don't like the risk reward here." -Eric

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