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

AMZN 217.15

-2.5%

Nov 20 3:59 PM EST

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To: PblcSrvnt who wrote (10214)	7/14/1998 4:22:00 AM
From: Michel Bera	Read Replies (2) of 164684

PblcSvrnt, Almost all text books on the subject hammer down almost every page : "never fight the tape". When they are so many "bad news" and stock price still reverses up, something is happening that may be tough on one's position : at least it may be recommended to stay out. The only other way to make money on the market seems to be buy and keep after a strong personal understanding of company's dynamic. Tape may go up and down, but those "heritage" stocks (Ibexx copyright) have a strong long term positive trend. But waiting is also very stressful. I personally believe that AMZN is building something strong in the long term. Just my two cents, Regards, MiB

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