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

AMZN 222.69

+0.1%

3:59 PM EST

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To: umbro who wrote (8937)	7/6/1998 8:15:00 PM
From: Street Walker	Read Replies (1) of 164684

Mr. Cohen - Merill Lynch Internet Specialist CNBC interviewed Mr Cohen after the market closed. They interview him every so often to give the audience an idea what is happening to the internet sector. He explained the craze of the '70's being automobile stocks, the craze of the 80's being biotech, and the craze of the 90's being internet companies. When asked his view on the high flyers, he said what he is seeing is not investors coming into the stocks, but shorts covering - and this is what is the main drive upward in the recent days. When asked what he sees as value oriented internet stocks, he said "We are telling customers to buy AOL, LCOS, and NTKI". I'm hoping to see NTKI continue a nice ride up. S.W.

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