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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: GST who wrote (43929)	3/4/1999 6:37:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

GST, >> I think it will be after another leg up to something like 140. I don't know what will move amzn to 140 other than good earnings. The analysts have done their thing. The drug store is open. The dow is close to all time high. So is nasdaq. So what's missing from the mix ? Why is amzn down today ? The obvious answer is people are not buying it a higher levels. Notice volume is much greater than previous decline. Today was 9 M shares, and nearly all of it down volume. Each of the past 4 days, it probes a lower low, though it does not close there. The morning gap ups are pathetic. They don't even last long enough to enter an order. Why do you think it ran down today despite a strong market ?

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