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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Mike M who wrote (39721)	2/12/1999 12:11:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Mike, <AMZN has pretty much recovered and so has the DOW.> I don't follow the DOW at all, but regarding Amazon, each of the 3 rallies that occurred since the big drop has lasted only one day and has been followed by steeper drops in the next five days. So the pattern has repeated 3 times since Jan 8. 1 up day, 5 down days. I am fervently hoping for a continuation. Worse than that, I have bet a goodly sum on it. Basicly I am hoping the stock price will gravitate toward the EPS of the business. -Sarmad

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