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

To: Eric Wells who wrote (72126)	8/5/1999 12:15:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

Eric, I think I agree with you on the short term here so keep posting. I'm just looking at the comm sector to buy companies like Juniper and they aren't down at all. That tells me this correction has barely started. Since I'm doing options that is irrelevant since options are so short term, but I am not adding any LT positions here. When I can get Juniper 20 pts lower then I will add, then the nets might be exactly where they are now but I will feel assured that they can't go lower.

To: Eric Wells who wrote (72126)	8/5/1999 6:21:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Glenn - I disagree with your assessment of Microsoft's ability to threaten AOL. While Microsoft offering free net access may not allow them to steal customers away from AOL, it may certainly place pricing pressure on AOL, which may negatively impact AOL revenues. Eric, This coment was on CNBC but I would have to think further before making a snap decision. I did notice many insitutions selling large blocks in AOL this AM. This is called the smar money. I am not so sure that their selling without thinking this through was smart. Many sold at 80 and 79. I don't think we've reached capitulation. However, I have covered all my shorts. I'm way in the black on all of them (except for the YHOO shares I shorted this morning). And it looks as though I may have covered too early, as it appears the nets are now giving back some. I was not able to watch after I made my trades, added more positions and left for work. I plan on catching up tomorrow so can't say anything more without further study. You did well. I do wish I bought AMZN long this AM which crossed my mind. I did not have the guts at the time. Conviction would be a better word for it. Glenn