Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.52

+0.1%

Dec 26 9:30 AM EST

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To: Techie who wrote (18088)	9/23/1998 9:19:00 PM
From: OtherChap	Read Replies (1) of 164684

> I think momentum money would move from AMZN into eBay tomorrow the >minute eBay opens for trading. Opinions? Not likely. For as long as I have been tracking the "internet" stocks, even if they are just overvalued retailers who happen to have a popular website, they almost always move step-by-step with each other. Of course eBay's IPO tomorrow is going to be spectacular, I expect the first trade to be around 40-50.. (a gap up of 25-35 points) Good news for one stock in the sector nearly always translates into good news for the other stocks in the group, even if there is nothing in common except for a web presence.

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