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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Bill Harmond who wrote (13360)	8/12/1998 2:51:00 PM
From: Oeconomicus	Read Replies (2) of 164684

...and judging by today's volume it looks to me like it's the shorts who are complacent. Do you mean that today's light volume implies little short covering? Probably true, but considering that most have either ridden it up to $140 once or twice, or they shorted it up in those reaches, I wouldn't expect any frantic covering here anyway. BTW, the light volume also implies little buying interest from potential longs. Seems that everyone is waiting for that breakout or failure. Wake me up when on or the other happens.

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