Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Rob S. who wrote (12183)	7/31/1998 9:18:00 PM
From: Timoteo	Read Replies (3) of 164684

Amzn action: I think AMZN and some of the internet stocks are somewhat insulated from the rest of the markets intraday moves because of the large number of retail owners (small investors). People who trade for a living react quickly to market turns, yet the internets seem to react only to each other as a group. This IMHO is momo players and the few institutional investors and traders who are working these stocks. I believe a lot of the stock is in the hands of small investors who don't follow the market hourly; especially late on a Friday afternoon. If I am correct, AMZN should open lower Monday on a lot of selling pressure as retail buyers are spooked but the point drop in AMZN but also the overall drop in the market. Should be an interesting day. Best Wishes, Timoteo

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