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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Impristine who wrote (35541)	1/20/1999 3:14:00 PM
From: GST	Read Replies (1) of 164684

<<where is the bottom of this one>> We have been gliding so far at a fairly steep rate but no big drop yet. When it gets to 100 it may pause for a day. But more likely it will pierce 100 and head to 70 before pausing. This is likely by next week. Who is going to want to take this thing home for the weekend? Final destination -- probably range-bound at 50 plus or minus. Like those who came before it, there will be those who sit and clutch their shares in the dream that it will soon rise again. Look at the chart for Iomega and you will see what I mean. For day traders the party is over.

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