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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%3:59 PM EST

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To: KeepItSimple who wrote (38201)2/5/1999 2:46:00 AM
From: Howard Hoffman  Read Replies (1) of 164684
 
KeepItSimple:

A few more examples for you:
Apple Computer
VisiCalc -> Lotus 123 ->MSFT XL
can't remember -> WordPerfect -> MSFT Word

Of course there are many examples of companies getting out front and staying there. Just like AMZN has pressure from traditional booksellers, EBAY will be getting competition from Christies, and other auction houses.

William: Look at the EBAY volume:

1/27 "3:1 split" -> GapUp on huge volume, no follow thru next day
Wed 2/3: Big up day, .5x normal volume
Thu 2/4: -14%, 2.2x normal volume

What does this mean? Is this really a mystery? The serious players are getting out of EBAY first. Then comes the domino effect. Put your $ back in bonds and buy these stocks a lot cheaper sometime this year, maybe next week. Sorry, I know this is the AMZN board, but what is going on now transcends the individual issues.

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