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

To: Andeveron who wrote (6532)	6/18/1998 10:51:00 AM
From: slipnsip	Read Replies (1) \| Respond to of 164684

Youre right it doesnt mean much, but this will be the second down day (the other being 1 1/2 points) in about 9 trading days.. Betting on yet another reversal.. We will try to hit 80 again before the days over. This might be a physcological sticking point since it is up about 100% from where it was two weeks ago at 40... It also gives us a chance to establish a ceiling to trade instead of 10% a day up moves every day.. Going to try to drop my box on a bounce to 79 1/2.

To: Andeveron who wrote (6532)	6/18/1998 10:55:00 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Before you bears (I'm the bear that's sitting it out), Lets just examine on why you might want to join me. Amzn has, $325mil in junk in the bank(don't have to pay a dime of it back until?). With their current market cap they could buy who? Sears, bks, borders, Ibm, etc, etc. If Wall Street liked cd's & tapes, what will it do when Amzn announces the next thing ie computers,cars, planes, women or whatever they plan to retail on the Internet. SCARY, isn't it. What do you think Dr.T?