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

To: Jan Crawley who wrote (66881)	7/7/1999 10:50:00 PM
From: Sam Sara	Read Replies (2) \| Respond to of 164684

I share your general assessment- Optimism after YHOO earnings is rampant, means risk/benefit ratio favors assuming general decline in YHOO stock over next 2-3 weeks. I expect to see a small pop in stock, and then downtrend. Other internets should continue to prosper, overall- the king (YHOO)has spoken and all is well in the kingdom. In internet time, that means that most internet stock prices will peak in next 2-3 weeks. The queen (AMZN) will then be heard. Thanks to Barron's et al, AMZN is not favored now. A hypothesis, then- AMZN becomes the cognate of YHOO, with a negative dip before earnings, and a rally afterwards. This defines the last internet spurt before Y2K and next FOMC meeting, where there will be another rate hike, which will then cause dip in market.