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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (33304)	10/27/1999 7:47:00 PM
From: CookiePuss	Read Replies (2) \| Respond to of 41369

Chimnoy I watched AMZN trade higher after hours and then selloff once the Q and A portion of their conference call was under way. I don't know about the other internets tomorrow, but I definitely think AMZN is going to get a nice haircut. Although I'm sure AMZN will do well as will EBAY YHOO AOL once the xmas rally starts. I remain mostly cash for now because I expect to see great inet bargains between now and the fed meeting. Btw, I don't subscribe to thestreet.com so I don't know what they said. I did see this very negative post on the Yahoo boards re: thestreet.com coverage of the AMZN report. Maybe you can tell me if it's legit or not: messages.yahoo.com -------- Negative comments from thestreet.com by: pjr789 10/27/1999 6:38 pm EDT Lot of angry analysts on this Amazon.com (AMZN:Nasdaq) call. My partner, Jeff Berkowitz, is frantically trying to short some stock as one FOA -- that's Friend of Amazon -- after another questions whether the company has any plan to make money, or at least stem the losses or do something that resembles a business. Jeff, who can spot a downgrade 10 miles away with his eyes closed, expects at least a couple tomorrow. He tells me that he was only able to sell about 1,000 shares short before the market collapsed into the low 70s. It is a point of pride with him, even though we won't make much money. Jeff's always thinking about potential problems way in advance. The company is doing one of those "Who knows?" things that never inspire much confidence. Of course, this is a work in progress. Maybe there will be some dynamite guidance off-line. But right now, it looks like the only thing that is going to get dynamited is the stock -- tomorrow morning! ---------