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

AMZN 232.88

-0.8%

3:59 PM EST

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To: craig crawford who wrote (16351)	9/7/1998 9:16:00 AM
From: Doug (Htfd,CT)	Read Replies (2) of 164684

craig, Barron's past record of affecting markets in the near term is well documented. It even has a name: "the Barron's Effect". Cavalierly dismissing a bearish article in Barron's may be dismissing an important real influence on the near-term future of the market in a particular issue. AMZN bulls may not read Barron's or pay attention to its articles. But professional short sellers and hedge fund managers do. It has been the conservative voice in the marketplace for what ... 75 to 100 years? There is a reason that "smart money" tends to pay attention to what it is saying ... because its stories can affect market prices. Just my opinion ... I've been reading Barron's for 30 years ... and when I started, it was already the "wise old cautious man" on The Street. Doug (no position in AMZN)

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