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

To: Glenn D. Rudolph who wrote (5787)	6/12/1998 1:00:00 PM
From: William T. Katz	Read Replies (1) \| Respond to of 164684

Does it not seem like AMZN just did a slight pullback but has strength left? I covered from my short earlier today because I felt AMZN was powering up despite overall market down, and we could get another round of short squeezing?

To: Glenn D. Rudolph who wrote (5787)	6/12/1998 1:34:00 PM
From: F The	Read Replies (2) \| Respond to of 164684

>>SOX index (semiconductor) is setting a 52 week low every day this week. INTC seems to fall in there. I agre about ASND but is not enough. All moy longs excluding ASND were down yesterday and my only short was way up. I am having difficulty focusing on the over all market picture due to AMZN. AMZN is taking too much time and energy. I am not excactly in a good mood about the market at the moment. That is an understatement:-)<< All my longs holding were down as well except INKT which is the only internet stocks I am long. It is a kind of difficult what to do with AMZN now. It is down today but not enough as what I like to. People are buying through the dips. It is hard for the price to fall if there are still lots of buyers. I definitely still want to be in this game but would like to minimize the bleeding and safe some room to short more in case AMZN surges again. Many of us believe that AMZN will tank eventually like KTEL, BOST, IOM; however, we want to make sure that we can still be in the game when it goes up for a while. I experienced a turbulence in shorting XCIT & LCOS because it went up up to 20 pts more but I did not get out instead kept adding and enjoy the nice profit when balloon burst. I am hoping to experience the same thing in AMZN. Felicia