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

AMZN 238.17

+0.6%

Jan 15 3:59 PM EST

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To: Mark Fowler who wrote (18300)	9/24/1998 8:15:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

I was thinking it might be a tough day for the market tomorrow if Coke disappoints wall street. Mark, Thank you for pointing out Coke reports tomorrow. I was unaware. I'd like to hold these two longer, but i still think the underlying trend in the market might be down for Oct. and Nov. I'll say yesterday was quite an amazing contrast from today -- these crazy internet stocks, however, amazing! The market is clearly confused. These large swings from one direction to the other I believe are unprecedented at least, during my career. I will too busy at work tomorrow to follow much anyhow. I likely will leave AMZN boxed and leave all other positions alone for the day. It depends if I can make time for the market. So i'll probably this one out or buy in, if Amzn and Yhoo come down far enough. I'd like to hold these two longer, I still perceive YHOO and AMZN as being entirely different over the long run. It is clear AMZN follows YHOO's market action now. I would not be uncomfortable being long YHOO but I have a major downward bias towards AMZN. I am long AOL for whatever that is worth. Glenn

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