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

AMZN 232.07

-0.2%

10:38 AM EST

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To: cellhigh who wrote (579)	10/28/1997 4:05:00 PM
From: Candle stick	Read Replies (1) of 164684

Thrilled to be short....sold the hell out of it up to and including 60 bucks....if you think a one day decline of 550 points combined with an early close of the market can be put behind you so easily, you must be nuts.....there is a serious fundamental break in the market and there will be hell to pay in the upcoming days........AMZN will find its way to 30., probably by January, IMHO....... P.S. Everyone thinks Greenspan will say something tommorrow to help the market! Thats crazy! He has been talking it down for 6 months now. He will say NOTHING to help the market, and will restate his old position that the market is overvalued..... Volitility combined with high volume is indicative of a market top.... Not just one day but many. This is what we have had for 2-3 months now...since WWII, SP 500 P/E has traded between 10-20 or so...valuation is now 22.....this market is going to erode down for a long time to come, probably 2-3 thousand points......and AMZN will be leading the way...........just one mans opinion, best of luck......;^)

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