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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: George Gotch who wrote (4601)5/22/1998 3:36:00 AM
From: Michel Bera  Read Replies (1) of 164684
 
George,

This was said about AOL : the AOL thread was extremely
bearish. There was a "desert crossing" then price went up
very fast after a few months doing nothing or going south.

I hope AMZN will be able to cross such a desert too. But its
price may drop 30% meanwhile.

April saw also a drop in ISP subscriptions, so I would not be
surprised if the slow down in AMZN hits was due to cyclical
behaviour.

Spring is here <g>,

Regards,

MiB
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