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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: Jan Crawley who wrote (23717)10/29/1998 3:15:00 PM
From: Rob S.  Read Replies (1) of 164684
 
We may see 130 today but it looks stalled at the 125 level. There may be some late short covering and last-minute buying that pushes it up. I don't think it will sell off much until next week - maybe not until mid next week. The overall Internut rally is getting kinda tired but the spin on Amazon's results should carry it a bit further. Still, it looks like much of the good news was factored in or we would have seen a +10 point move today when the market turned up. I still expect it to move toward the 130 level by early next week.
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