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

AMZN 229.12

-0.2%

3:59 PM EST

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To: slipnsip who wrote (8614)	7/2/1998 11:43:00 PM
From: Jeff Mills	Read Replies (2) of 164684

I saw Fleckenstein on CNBC after work at 7 pm (replay). Every time I see that poor chap he looks older and older. This bull market must be getting to him. I unloaded my AMZN today. I had been buying all the way up from about $65, with my last buy at $103 last Thursday. Something could happen to this stock--maybe a downgrade, or profit warning, or inventory warning (you chaps remember CSCC?)--who knows--that would wipe out some nice gains--so I bailed. Long term I feel it will make new highs and probably split. I still like the internet sector--especially NSCP (liked it alot better at $17) and I find INKT very interesting (primarily because it is a fresh IPO that has never split and has a small sharebase--this seems to be the trend ie. YHOO and AMZN runs). For sure I will read the thread. Cant wait to see what YHOO says on Tuesday--besides that it will split again. Happy 4th to all!

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