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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: Sarmad Y. Hermiz who wrote (58404)	5/25/1999 2:17:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

I am wondering why, too. Now that it is 133. But anyway, last big drop (feb and march) it bottomed at 130 approx. even there was pressure of softbank selling. It has more rev now. higher earn (a few pennies). WH likes it. and it is down 110 points. How much more can it drop ? And mainly because I hope there will be a greater fool that will buy it from me today at 137. Though at the moment that lucky person is making himself very scarce. My question was a bit tongue in cheek. My longest long position is AOL. Each day I believe the selling is over. I decide not to sell. Recently I thought there was support at 120. Today had the late AM bounce. AOL and YHOO seem to move together so I thought you knew there was a bottom has been reached. I told myself I would never ride AOL down this far but I have. At least, I have not averaged down. Whew!!! Now YHOO 132 AOL 116 3/4. Maybe it has bottomed. Maybe not. I would hate to sell now LOL <G> Glenn

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