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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: GST who wrote (108324)	9/11/2000 11:24:20 PM
From: Sarmad Y. Hermiz	Read Replies (3) of 164684

>> If there is going to be a sell-off, this is the warm-up act. I know. Everyone will sell not because they think their stocks are affected by oil, but because they figure the high oil price will induce other people to sell. So everyone will sell. Then margin calls kick in. Some funds will step in and buy a little too early, which will result in a failed rally, and we'll see spectacular reverses to the down side. A couple of -600 point days. And eventually, some reporter will discover 10 barrels of heating fuel stashed in a new england farm house. It will be heralded as a glut, and we'll have a mid-day turn-around. And all will be well again. Only now another million day-traders will have washed out, and brokers and market makers will report another record breaking quarterly profit. Is that the script ?

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