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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.18-0.7%12:39 PM EST

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To: Mark Fowler who wrote (43540)3/2/1999 8:35:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Glenn i started small position today in Wmt for a long term investment and i agree it's
pricy, but it's a top retailer stock and should benefit well with the strong economy.


I can tell you with certainty that retail sales in all categories are very strong. Also, WMT continues to gain market share. I am not sure if it will get a lot cheaper due to being considered a safe haven in a bad market. A real fear is an interest rate increase which could slow retail sales. I have no clue if that is a likely scenerio.

Intc should shore up on the 200 MA at about 104; we'll see what
happens.


Would you give me your TA on INTC when we reach this point? I still like the company.

Glenn
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