Amazon.com, Inc. (AMZN) Message Board

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

AMZN 230.27

-0.6%

Dec 11 3:59 PM EST

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To: Glenn D. Rudolph who wrote (23222)	10/27/1998 11:21:00 AM
From: Rob S.	Read Replies (1) of 164684

IMO the nets will top out by Thursday. We are now seeing some of the high level of buying fever seen in the past. eBay is moving quickly toward the 100 twelve month target. Although there is not that much history to evaluate the chart, it is questionable that the rally can continue much longer. AOL will come out with earnings after the close and AMZN on Wednesday. I'm not on the eBay cc and am not sure when their call will take place - anyone know? If the news from these calls is not spectacular and significantly above the rumors, I think the Internet sector will pull back starting by early next week. I'd like to see a large move up in AMZN today or tommorrow and a close toward the lows for the day to signal the top. Otherwise, I may play other internet stocks that have shown more a dramatic swing.

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