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

To: Eric Wells who wrote (78672)	9/26/1999 2:45:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164687

The truth is that technology stocks took a big dive on Thursday. We don't know if this dive was due to Ballmer's remarks or not - however, we do know that after the fact, the press linked the dive to Ballmer's remarks. And we don't know if Ballmer had intended to try to knock the market down with his remarks - I don't believe he had this intent. Do you? Eric, I doubt this was Ballmer's intent. I suspect the selloff surprised him. I agree with you that there is a lot of fear in the market. A few that come to mind is Taiwan, interest rates (the Fed meeting coming), Y2K and the individual investor can make instant trades. The most compelling change I have seen in the market is the easy access to information by the retail investor and the easy ability to make a trade. There has always been a heard mentality but it has increase many times over. Glenn