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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (61989)	6/11/1999 4:40:00 PM
From: Tradegod	Read Replies (1) \| Respond to of 164684

James, not so fast... 6/11 4:30P (DJ) =DJ Analyst Says eBay Crash May Send Customers Elsewhere Story 4209 (AMZN-D, AMZN, EBAY-D, EBAY, YHOO-D, YHOO, I/CSV, I/HOU, I/OTS...) By Johanna Bennett NEW YORK (Dow Jones)--With its Web site still down and out after more than 17 hours, online auction house eBay Inc. (EBAY) may have to worry about its customers stepping out in search of sales elsewhere. Internet.com analyst Steve Harmon said eBay's customers, perturbed over the series of problems that have plagued the popular virtual auction house, could begin patronizing other auction houses. Afraid that they may be missing sales and opportunities due to eBay's outages and with a growing number of competitors to chose from, shoppers might be compelled to diversify the list of Web sites they patronize, Harmon said. So instead of using just one online auction site, customers may begin to use two or more Web sites, giving business to eBay's growing list of competitors, he added. And they have plenty of companies to choose from. The same success that has helped drive eBay's market valuation to levels that could fund a small third-world nation has given rise to a horde of competitors, including online book selling giant Amazon.com Inc. (AMZN) and even Web portal site Yahoo! Inc. (YHOO). It may sound odd, but I would rather be long the thing than AOL right now. Amzn keeps doing the right things and they do them well. Their only knock is if they are investing too much right now for the future. Today's new's on EBAY confirms what I believe, that they are a mediocre company. AOL has the slowing growth, broadband concerns, etc. and it's chart has broken down. Today had heavy volume. AMZN, avoided closing at a new 90 day low, volume was light, and still seems to be in this 105-120 range. It tried to lead a rally about 3:00 today, but the market was too weak. We'll see.

To: H James Morris who wrote (61989)	6/11/1999 4:46:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

>> I just can't imagine, what it would be like to have your life destroyed, because of this speculation addiction.:-(((( The longs got a little relief during the week, but I don't know whether they used it to relieve their margin or instead to max out on it thinking to position for the inevitable run-up. What I find totally puzzling is how eBay was run up with really small lots into the 180's. I was just amazed. Are they buying for the greater fool ? or do they think there is value there ? Unfortunately, every day confirms what KIS says. And he even got himself a few grand in between rounds of golf.