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


To: Glenn D. Rudolph who wrote (65031)6/28/1999 9:50:00 AM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
Glenn, just checked for news on the amazing one. Couldn't find any, but as I did the stock moved up to break even, so I guess it was just FOMC jitters on the part of a fund manager or something.

hlth tanked bigtime at the open, with no news that I could discern. Must be Tom D unloading his shares <vbg>.

I'm off till mid-afternoon.

Good luck. Rob



To: Glenn D. Rudolph who wrote (65031)6/28/1999 10:26:00 AM
From: Tradegod  Read Replies (1) | Respond to of 164684
 
Here's a crazy one: Short CSCO

Don't mean to blaspheme:

For no other reason, than it's the last to fall and all the other high PE stocks are pointing in that direction. If we get a rally, I would imagine the more beaten down will attract attention first offering a chance to cover.

Until I see some of the Golden childs move lower, I will remain cautious believing there is more selling to come. CSCO is back to a trailing PE well over 100.

>Strong market and a lot of selling into AMZN. Any thoughts?