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

To: Glenn D. Rudolph who wrote (6869)	6/20/1998 2:39:00 PM
From: Peter Church	Read Replies (2) \| Respond to of 164684

Thanks Glenn---Could be that Friday's move up was option related, but this pattern of afternoon lull and drive higher to the close is still intact if somewhat disturbed. I expect the pattern to repeat Monday and the stock to peak at 80 again. Why not? It's worked fine so far except for one day. If the stock doesn't rally twice in the day, then the pattern is broken and we are probably in a new ballgame. The strong Buyers will have to stick their necks out on Monday morning to lure the weaker afternoon buyers in and unload their shares. I expect there will be a major uptick on Monday morning. The static afternoon lull is the critical part.

To: Glenn D. Rudolph who wrote (6869)	6/20/1998 5:41:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Peter, you wrote<The stock is being churned by the same groups every day. I am trying to understand the pattern of "rise in the morning and rise in the afternoon" with an interday> Do you know what is interesting? On thurs the day when Amzn was down 7 points, guess who was the single largest seller of Amzn stock? Morgan Stanely ( the junk money getters). Believe me.

To: Glenn D. Rudolph who wrote (6869)	6/20/1998 5:58:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glen, TMF announced that they now have the Amzn Cfo Ms Covey interview on audio. I guess it requires me to download 'Real audio' to get it into my speakers. I'll let you guys know what she said If, I can pull it off.