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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: e. boolean who wrote (19244)9/30/1998 2:46:00 PM
From: M. Frank Greiffenstein  Read Replies (3) of 164684
 
My Intra-day prediction...

I say AMZN makes one last rush for 120 in the last half hour. Mutual fund managers have a little over one hour to put AMZN and YHOO in their portfolio, they will snatch these up at their intra-day lows and cause a brief buying frenzy. They can sell them tomorrow. And the knuckleheads who actually read the quartelry rpeorts form the MFs will see, "Gee, those guys are real smart!"

Remember, today is Yom Kippur. Small volumes can make for big price moves.

DocStone
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