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

To: Olu Emuleomo who wrote (96618)3/16/2000 10:58:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Olu, I think the "they" are margin-happy hedge funds....lots of them in the B2b's and the bi's.

Amzn shares are mostly in the hands of Janus, Bezos, and the shorts...therefore there is "less to fall"! <g>



To: Olu Emuleomo who wrote (96618)3/16/2000 12:10:00 PM
From: HG  Read Replies (2) | Respond to of 164684
 
Olu, Can you give me some TA on SILI....?? Sold at 140, time to buy back ???



To: Olu Emuleomo who wrote (96618)3/16/2000 12:18:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
I'm still holding everything. There are technical cross-currents here. A lot of hot money was both long the new-economy stocks and were hedged by shorting the S&P 500 Index. This S&P rally has caused them margin calls which is causing them to liquidate new-economy positions.

I think it's best to hold and add during this rout.


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