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

To: Victor Lazlo who wrote (5697)	6/12/1998 12:14:00 AM
From: Oeconomicus	Read Replies (3) \| Respond to of 164684

$200 million + increase in mkt cap in last two days is short covering. I think not. Must have been all the new "10-20 more points straight up - 100+ by summer's end" bulls posting here today then. Come on, you don't get moves like this on no news at these valuations and in a nasty market from "investors" putting new money to work. Was that what you are doing? And, if you are going to try to convince us this wasn't short covering, at least get your numbers right. The increase in market cap the last two days alone was over $500 million. Victor, there is a giant air pocket just below you. The strength of the pavement may support you for a little while longer, but that sinkhole will be massive and nothing can stop it.