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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.11-3.3%3:59 PM EST

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To: Raiders who wrote (25992)11/15/1998 9:15:00 PM
From: Mike M  Read Replies (2) of 164684
 
Collapse may be strong, but the balloon is about to lose some air....of that I am pretty sure. Tomorrow will be a tough day for the "internuts".

It is hard to put YHOO! into the same boat as NZMA, but, I think they will continue to mirror each other for the time being...only, YHOO! happens to be coming from an all time high. NZMA, on the other hand, wasn't quite able to accomplish that....

I do not believe that the market is experiencing more than 2-3 weeks of correction and expect YHOO! to bounce back...(nothing to do with value, $20 B is absurd!). Just a case of too much $ around and too many fools willing to bet they won't be holding the stock when the music stops....But, somebody will!

Mike
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