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

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To: Victor Lazlo who wrote (12506)8/4/1998 12:25:00 AM
From: Bill Harmond  Read Replies (3) of 164684
 
Victor, Amazon is a high-beta stock. Many great stocks, and most young fast-growing high-priced stocks have high betas (higher amplitude of change than the general market). The fact is that Amazon is going down at a slower rate (and on lighter volume) than it went up, and it's going down at a slower rate than it did early in July. So far that's bullish.
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