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

AMZN 222.53

0.0%

Dec 16 3:59 PM EST

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To: Rob S. who wrote (40392)	2/16/1999 4:48:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Rob, <This market action doesn't bode well for either Amazon or Yahoo!> I thought amzn held up very well, considering the carnage. I think that if NASDAQ had not turned down, amzn would have been near flat. I mean it did not lead the down move at all. it was more like a reluctant participant. plus. neither the institutions nor the insiders sold today. I wonder if tomorrow funds will buy the dip ?

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