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

AMZN 238.42

-0.3%

Jan 26 3:59 PM EST

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To: Glenn D. Rudolph who wrote (21750)	10/15/1998 7:33:00 PM
From: e. boolean	Read Replies (1) of 164684

FWIW, Based on Jerry Favors pm report today, I will look to cover shorts depending on world markets reaction reinforcing further enthusiasm here, but be ready to get back in on his signal w/in the week. The Thing's weakness in the face of this today tempers the degree to which I'll get out. OTOH, maybe IT is just so tightly controlled that they want to keep it near supreme discomfort® for another day, next week try to ride the tail of the fed rally and then up in anticipated astonishment of beating Meeker's whisper numbers... The NZMA/OOHY/DJIA program has not been at work much lately, but may start again in earnest tomorrow. My impression had been of lots of sellers in OOHY in particular, but on the basis of its close today, that might be over. FWIW. e.b.

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