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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: William T. Katz who wrote (6409)6/17/1998 4:09:00 PM
From: Paul Merriwether  Read Replies (2) of 164684
 
<<
Is it my imagination or is AMZN acting weak just at 80. NASDAQ has been
powering up but AMZN is barely moving and has trouble staying above 80. But
then again, as someone pointed out, AMZN always has some head fakes.
>>

I think its obvious why AMZN is not showing its usual verve. A couple
days ago when everyone was talking about Asia crumbling, people
started pouring their money into safe havens like AMZN. Now that
US is propping Japan, people are gambling into risky stocks like
ibm and msft. ;)
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