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

To: GST who wrote (71630)	8/3/1999 7:04:00 PM
From: Michael Young	Read Replies (3) \| Respond to of 164684

<<AMZN has been purged more quickly by institutions who continue to purge themselves of other stocks. AMZN is in 'weak hands' now -- increasingly owned by those who do not seen the potential for a further decline in net stocks and are complacent > I think traders jumped into the stock after it held 90, and are looking for a move to upper 90s. Those guys have no illusions that the stock is going to regain past glory. MIKE

To: GST who wrote (71630)	8/3/1999 7:15:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

<AMZN has been purged more quickly by institutions who continue to purge themselves of other stocks. AMZN is in 'weak hands' now -- increasingly owned by those who do not seen the potential for a further decline in net stocks and are complacent -- ie. not prepared for what might happen to their 'investment' in coming days. > Do you have any data to back this up your assertion that funds are purging themselves of amzn and other inets? If so, do you have any data to indicate what they are doing with that money instead? What makes you so sure that fund managers can read the future better than any of us on this thread??