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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Jan Crawley who wrote (56581)	5/13/1999 1:16:00 PM
From: John Donahoe	Read Replies (2) of 164684

In your good opinion, it's a good strategy for the longs to sell at every New highs? Then buy them back? If you are a long and/or an intermediate term trader, I would not sell at every new high. I would sell when it's at a all time high only if it has run for awhile. I would like to see a run that lasts for a month or longer and is >50% above the old all time high. Buy back on dips if the structural fundamentals haven't changed significantly.

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