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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: Arik T.G. who wrote (31415)	12/28/1998 2:37:00 PM
From: Platter	Read Replies (2) of 164684

From TheStreet.com.."Some of the December run-up in e-commerce stocks was due to the high anticipated (and real) Christmas sales over the Web. I'm not the first to observe that there is a high correlation between the customers of the major e-commerce sites and the buyers of their stock; "buy where you shop" was at work. Look for that to continue in the historically hot week between Christmas and New Year's. But I won't be surprised if we finally see some easing of the e-commerce stocks during January, minus those Christmas-shopping sessions. Ditto the prices of the online brokers, which enjoyed spectacular run-ups during Christmas week. Schwab (SCH:NYSE), E*Trade (EGRP:Nasdaq) and Ameritrade (AMTD:Nasdaq) ran their own private Santa Claus rallies, all up sharply. A slower January may take them down a little, too. "

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