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

To: Glenn D. Rudolph who wrote (62160)	6/13/1999 12:44:00 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 164684

May I have your opinion on AOL since I am worrying??:-) My guess is that AOL is near the bottom. I think we will open with a decline tomorrow and end close to flat on the day for the nets. This bearish sentiment is too severe and these companies have already corrected over 50% in some cases. I think amazon will sit around where it is now for a while or rise... Sarmad and Jan should look elsewhere like ebay for swings now... ebay is a special situation I would say. I think the brokerages will fall here, esp. etrade and ameritrade, because some of their rise was due to the market surge so they have a double negative with the net correction and mkt correction. I have some long positions that I will hold unless next week turns out to be a further rout and then I will have to sell some stuff because I am margined. I think the smart money will step in and buy if we get much more downside in the quality net issues. I'm not much of a market timer but this fear of net stocks is a little irrational. On the economy front, I am seeing no inflation here and houses have stopped rising, I think the economy is actually cooling.