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

AMZN 255.24

+4.5%

9:30 AM EST

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To: craig crawford who wrote (113869)	1/2/2001 12:28:17 AM
From: GST	Read Replies (2) of 164684

craig: the most compelling argument to me is, as you say a rally first, but most likely a failure at the 200 dma for most major indices - in other words a rally quickly followed by a selling opportunity. I went home long on my short term trading acount to catch what bounce might materialize this week -- but I will be looking for selling opportunities every day. BTW, my main objection to yahoo is simply that it has slowed and needs to have a price adjustment to take it down to a small premium to its growth rate. I don't like bogus calls for 250% higher growth than the street estimate -- unless there is someting really compelling pointing in that direction.

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