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

To: William Vu who wrote (2499)	3/27/1998 5:03:00 PM
From: Edward Burgener	Read Replies (1) \| Respond to of 164684

Verrry Interresting! At 2:50 there was a little tiny wave of panic short selling to top out at 87 1/8 , then it eased off a bit to settle at 86 9/16... then the bid ask balanced... and it was amazing to watch... no trades for a few minutes as both sides stared at each other ... then the bulls blinked.. and the slide started.. My observation: NO BUYING ATTHE TOP! Conclusion: NO ONE BELIEVES THIS STOCK WILL TOP $87/88! Not the mutual funds, not the small investor... Guess what, all the SHORTS are talking and trading with themselves! Unless a sugar daddy shows up or a big hot new story comes out.. the trading will go slowly down.. If a bad report comes out, such as Barnes & Noble getting a lot of the Internet book business... big trouble for AMZN!