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

AMZN 223.55

-4.0%

3:40 PM EST

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To: MoonBrother who wrote (33778)	1/9/1999 2:05:00 AM
From: GST	Read Replies (3) of 164684

Moonbrother -- The absence of a 'reason' for the drop and the way 33 million shares times $185 dollars changed hands suggests THE topping process is at hand. The only question is how many people will willingly step up and hand over their money. If there was a trigger, a reason, it would be more likely to be a pullback in the advance. This was a shearing of the sheep. If there are enough willing sheep there will be some very happy long term holders who have time to get out. If the sheep get spooked, this could be all over in a few days. No offense intended -- but I feel for those who arrive now at this 'party' only to have their life savings and anything they can borrow sucked from their banks accounts because somebody with a reassuring tone says -- come on in, the waters fine, when their are sharks in the water and the smell of blood is at hand. What comes next will not be pretty.

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