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

To: Eric Wells who wrote (70130)	7/27/1999 8:24:00 PM
From: Typhoon	Respond to of 164684

I think that with today's rally not bouncing AMZN the chance that real pain lies ahead is great. I spoke to one technician who said if amzn takes out 90 the it is a quick trip to 60. I think that would even dent the market. Unfortunately I think there is a chance and this is how the bear market in internet stocks plays out. Batten down the hatches. Internets get in trouble and y2k concerns will give us the kind of correction we need to clear out all the suckers and amatures to give us a real buying opportunity. Just my opinion. I own puts on amzn and several other internuts