Amazon.com, Inc. (AMZN) Message Board

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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Glenn D. Rudolph who wrote (17909)	9/22/1998 10:39:00 PM
From: Mark Fowler	Read Replies (2) of 164684

Glenn, I tend to believe it starts to move up mostly on momentum gains in the sector. However the rate of change in price as opposed to price itself seems to be flatting out could be a sign of a bottom for Amzn. The momentum indicator has been moving up on the internet index since 9/10/98. But it doesn't mean that Amzn will move with it, seems to lag behind on moves up and down in the sector. You know this stock, it turns its indicators on a dime. Hope that helps.

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