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

AMZN 239.52

+2.2%

1:05 PM EST

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To: Jan Crawley who wrote (36272)	1/24/1999 10:54:00 AM
From: H James Morris	Read Replies (1) of 164684

>>But close your eyes and you can almost see all the daytraders at work(homes, offices..), it's a phenomemnon...<< Jan, I couldn't agree more. The biggest mistake I made here tough. I'm now talking about the big bucks that Mark and William made on the big run up, was to discount the huge amount of stock the institutions were gobbling up, starting with Vinik last May. I'll not short this stock (playing off the daytraders volatility is a different matter) looking for the big collaspe until they leave, and I have every reason to believe, they still consider it to be a core holding of the Internet group. As I've said before. Aol, Yhoo and the 'Thing'. It's America's dream team. You can trust me on that.

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