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

AMZN 239.12

+0.4%

Jan 16 9:30 AM EST

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To: SkyDart who wrote (35990)	1/22/1999 9:58:00 AM
From: Spartex	Read Replies (1) of 164684

<<Today, CNBC was abuzz with the Impending Net Stock Crash with YHOO and AMZN leading the charge into the depths of the market abyss. My take on this ala Zweig, is that this media coverage marks an excellent buying opportunity.>> I too, believe in these contrarian indicators, but the first sign of bearish sentiment doesn't mean a reversal will happen in a few days. In fact, look at gold, chips, and oil (oil and gold still in bear market). The bottoming out process could take much longer than you think. I would be wary here. QuadK

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