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

AMZN 229.12

-0.2%

3:59 PM EST

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To: Bill Harmond who wrote (37931)	2/2/1999 6:02:00 PM
From: GST	Read Replies (1) of 164684

(Reuters) 'You have the beginning of some level of fear among internet traders that maybe they can't keep buying the dip (and then seeing the shares rise),' said Rick Meckler, senior managing director at Liberty View, a specialty investment firm in Jersey City, N.J. Meckler said the tech sell-off was also fueled by concerns about the Microsoft Corp. (Nasdaq:MSFT - news) antitrust case and sentiment that Amazon.Com Inc. (Nasdaq:AMZN - news) and Yahoo Inc. (Nasdaq:YHOO - news) could see their gains capped -- Amazon by its recent debt offering and Yahoo by its blockbuster acquisition of GeoCities (Nasdaq:GCTY - news).

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