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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: craig crawford who wrote (20828)10/8/1998 6:31:00 PM
From: fedhead  Read Replies (3) of 164684
 
Agreed the number of new lows reached a new high but isn't that
what happens in a selling climax. The interest rate went up slightly
today suggesting that some money came out of bonds and into stocks.
Plus Abby Cohen called for a recession in 1999. The capitulation of
cohen could be another signal that we are close to a bottom. In any
case I do believe that CSCO, DELL , MSFT have touched bottom. Are you
short YHOO as well ? You must have made out like a bandit on your
AMZN short. Good Job.

Anindo
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