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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Jan Crawley who wrote (45872)	3/16/1999 12:08:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Jan, >> Your thoughts on today's low volume actions? The volume today really was 2.5 M flat, then 1 M up nicely at the last hour. The other aspect is that the rise was continuous with no retreat. Which I think means it will gap up tomorrow. But if the open volume is weak, then it will run down. Remember the gap up last Wednesday on Henry B. report. Volume was under 200k which is not much. It ran down very quickly. The other complication today was the very strong NASDAQ. If that is missing tomorrow I don't know what will lift the price.

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