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

AMZN 230.27

-0.6%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (49701)	4/10/1999 10:45:00 AM
From: Olu Emuleomo	Read Replies (2) of 164684

>>> CNBC's guest negative on the online trading companys such as EGRP<<< I tend to agree. All their charts are vertical. This signifies a blowoff. I started buying AMTD at 52 and started selling at 80, thinking I was cute. Imagine my surprise as AMTD blew past $100!! Even NDB is kicking butt. Anyway, a pullback in the next 3 weeks (4 weeks MAX!) is inevitable for the whole iNET sector. The only sane iNET stock that I follow right now is MSPG. I'm going back to old tech such as INTC etc... INTC is looking good, but I want to see it establish a trading range. But just in case, I have my buy-stop in at 146 :-)) --Olu E.

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