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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST

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To: Rob S. who wrote (12009)7/29/1998 3:42:00 PM
From: Marconi  Read Replies (1) of 164684
 
Hello Rob S:
AMZN volume still over 2.5M shares today. Earlier this year it was closer to 1.5M daily. I would hope if volume trails off to closer to 1M, and there are no further runs, interest will decay, the momentum crowd will find other venues, and then AMZN should erode to below 50. Hopefully closer to rational value--well under 10 in my opinion. Keep an eye out for the exceptions which are the unforeseeable--historically that is what takes out bubbles.
Best regards,
m
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