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

AMZN 244.25

-2.0%

Nov 12 3:59 PM EST

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To: Jan Crawley who wrote (32015)	12/31/1998 4:42:00 PM
From: KeepItSimple	Read Replies (2) of 164684

Thestreet.com agrees with me- Monday is going to be a bloodbath: thestreet.com SAN FRANCISCO -- Internet-related stocks continue to get hit today, and it may be the start of something bigger. "I think the whole sector is about to blow," said Murphy. "There's been a lot of people waiting for the calendar to turn and come Monday, they'll be for sale." Murphy said market makers began to sell around midday Monday in advance of selling by individual investors, who could sell on Tuesday and have settlement of the trades at the first of the year for tax purposes. Day traders also stepped in to add to the momentum, he said, and on Monday he expects institutions to bail in a big way. "I really think it's going to be a bloodbath," said Murphy.

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