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

To: Olu Emuleomo who wrote (92921)	2/3/2000 2:53:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Olu, I think that MO players are looking at the Dow/Nasd to pile on or easy up on moments notice! I have a few puts orders in place, but will not day short Amzn unless around $90. Major vol in AMZN and no more upward movement! Longs cashing out?

To: Olu Emuleomo who wrote (92921)	2/3/2000 2:58:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Amazon should come into resistance at 82-85 and once some of the excitement over the earnings announcement plays out it is likely to retrace some of the recent gains IMO. I don't think this stock ill see 60 again anytime soon - maybe 60 or lower this summer but that is questionable as the company is likely to announce more deals and efforts to reduce losses. I think AMZN will move up further after it bounces off the resistance level. BTW, I find these momentum type stocks to be fun to play with every once in a while but I am making more consistent returns in less fought over sectors.