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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: Bill Harmond who wrote (22259)	10/19/1998 6:11:00 PM
From: e. boolean	Read Replies (1) of 164684

>>The highest one-day equity put/call ratio in history when 1 billion shares traded two Thursdays ago qualifies as capitulation. JMHO, but wouldn't that be mainly irrational speculative exuberance, only to the downside? Or purchase of insurance policies. Neither one characteristic of capitulation. e.b.

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