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

To: John May who wrote (1061)	12/23/1997 9:07:00 AM
From: michael i olson	Read Replies (1) \| Respond to of 164684

Here is an intersting one. Lets see if it has a counter effect to The Fools articles. Morning Report Tue Dec 23 Follow The Value: Big Ups, Downs & Dips In Web Stocks By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" President Clinton takes seven days to name his new dog "Buddy." Wall Street takes more than 60 days to sort out the appropriate monikers for ISDEX, Internet Stock Index. That's because it's a mixture of bark and bite, with this year's winners already looking like this year's losers. Our Yin and Yang meets the good, bad and cosmetically altered analysis shows that investors penchant for all things commerce may shift from a "consumer" focus to a business one in 1998. Take a look at the snapshot of how today's commerce stocks fared, and even home-run king Amazon (NASDAQ:AMZN - news) posts barely more than 8% gain for the period September 30 to December 22. While most stocks showing north of 5% in a few months is good, for AMZN, which has led the runs in many ways, that isn't. The rest of the commerce sector bombed--the group is down 37%. We think more than anything this may indicate a shift from early pioneers to established players taking over the game. With IBM (NYSE:IBM - news) , Intuit (NASDAQ:INTU - news) , Hewlett-Packard (NASDAQ:HWP - news) , Dell (NASDAQ:DELL - news) , Barnes & Noble (NYSE:BKS - news) and more moving into the e-business/commerce realm our hunch is that investors may follow.