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

AMZN 216.19

-0.4%

10:37 AM EST

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To: Alomex who wrote (109734)	11/10/2000 4:12:28 PM
From: Alomex	Read Replies (2) of 164684

A while back I wrote: NASDAQ can (and likely will) cough back one or two years of gains, which would place it back somewhere in the range of 1400-2900. At today's closing, NAZ coughed back one year of gains, 41% below its all time high. A perfunctory look at all big technology names (MSFT, CPQ, DELL, AMZN, YHOO, AOL, LU, INTC) shows that most are trading at or near 18 month lows. For reference, two years ago NAZ closed at 1865, 18 months ago at 2484.

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