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

AMZN 225.59

+2.2%

2:02 PM EST

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To: Bill Harmond who wrote (38006)	2/5/1999 12:38:00 AM
From: Howard Hoffman	Read Replies (1) of 164684

William, I thought you were brilliant on your bond move. You showed similar brilliance a year or two ago in buying more e-stocks, as short after short called for the fall. Now you are reversing your recent sit-on-the-sidelines decision? Buying EBAY yesterday? Hm. Did you notice the volume today as EBAY led the sector downward. Down 14% on 2x ave vol. What about tomorrow? Look for EGRP to lead the sector down tomorrow with the bad trading publicity and calls for investigation by NY State. Shell games like splits are no longer going to be enough to hold up the e-stock house of cards. The January Effect is over. This is February. Getting a bit chilly.

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