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

AMZN 217.15

-2.5%

Nov 20 3:59 PM EST

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To: Jan Crawley who wrote (49050)	4/5/1999 8:13:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Hi Jan, I have noticed that when amzn goes up big one day, it usually gaps up the next day, though it might not hold its gap. I did actually recover $80 k in February and small amounts in March. I am frustrated because I said many times that I thought amzn would run up ahead of Q1. I just didn't think this much. You know so far we have not had a large volume day on the upside. I really wonder if that will be a sign of the reversal. Of course the real sure sign is when William and Mark sell their shares. I think the bulls want a high beyond 200. So probably it will happen. Everyone is waiting for yhoo Q1. The expectations are laughable : 9 cents. I guess if they report 10 cents, that will be considered "blowout earnings".

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