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Technology Stocks : IDT *(idtc) following this new issue?*

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To: Augustus Gloop who wrote (7270)5/5/1999 12:54:00 PM
From: Steve Fancy  Read Replies (1) of 30916
 
Not if you shorted some of the INETS like AMZN. Not sure how much further down these guys are going but my thoughts are that they will stabilize tomorrow or Friday...at least up till CSCO earnings next Tuesday. I thought I heard Greenspan speaks Thursday. With most earnings out of the way, I think he could hint at a change in bias on interest rates. If this were to occur I think the DOW sells off 1000 points or so.

Still think AMZN could go to 100...65% of the way there.

sf
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