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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: H James Morris who wrote (58560)	5/25/1999 11:03:00 PM
From: Mark Fowler	Read Replies (1) of 164684

Do you think that the elephants weren't concerned by Bezo's lack of a profit projection? It's scared all of the other Internets, so now the Dot is getting hammered.:-)))<< James i think the market will tell us tomorrow Do you think Jeff will be more cautious about his comments in the future... well maybe? Anyway this was a broad based sell off, not company specific, and a critical support level was broken today on IIX that's why internets are a mess.. Now, 275 on IIX, this really needs to hold and it usually does when an ascending triangle breaks down. Aol 112 support, if it doesn't hold we go to next level 85 -90 is strong support. Yhoo 124 is strong support, and Amzn 106-110 (approxmate 200 MA) is next support zone, if it don't hold then 84 is the next mark. Well Lets watch these support zones closely, we could make some good money on the bounce.

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