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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.54-0.9%1:05 PM EST

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To: Frost Byte who wrote (45633)3/14/1999 4:24:00 AM
From: JOHN W.  Read Replies (1) of 164684
 
Barton Biggs, recently warned of an entire mkt pullback (30%) based on breadth and valuation, and wild specultion by Joe Public in the internets. He has warned us before about the nets. Don't expect a lot of help from MS in driving the price higher so you can recover some of your losses.

Have you ever wondered who was that last poor stupid SOB who bought AMZN at 199??? Was it you Frost Byte? If you think it was a short covering panic squeeze you are probably right, and exactly why we will not get this type of near term surge again. Additionally, the lowering Vol on AMZN even when the stock was trading up earlier this week is a very bearish sign for amzn. I think we could see 118 Monday intraday
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