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

AMZN 239.63

-0.8%

3:21 PM EST

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To: GST who wrote (145130)	8/10/2002 3:18:32 PM
From: Lizzie Tudor	Read Replies (1) of 164685

I think the Naz will have just enough of a rally to suck in people who desperately want to believe it is going to take off -- and then I think it is going down to test 1000 and will end the year gasping for life around 1150-1250. This viewpoint is becoming conventional wisdom, thats the issue I have with it. So I say its either "to the moon" for the naz or a crasheroo, significantly above or below 1200. I do believe software is going to get upgraded pretty soon though, maybe october, thats the one thing I feel confident about. Not that that is any kind of rampant optimisom though, since software is on the bottom along with telecom. L

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