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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: OtherChap who wrote (19229)9/30/1998 2:11:00 PM
From: uptick  Read Replies (2) of 164684
 
The beta measures an U.S. stock's volatility to the S&P 500.
With a beta of 1.64, AMZN should move 1.64% for every 1% move
in the market. With the Dow down about 2% and the S&P 500 2.2%,
AMZN should be down at least $3.7. In the next few days/hours, this stock's volatility will be more in line with its historical norms.
Maybe the beta's skewed today because most longs are jewish who're
at temples and couldn't call their brokers.
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