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

To: James Fulop who wrote (8154)	6/30/1998 2:33:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Yep.. actually makes me wonder if some institutional accounts that are not allowed to own these highflyers are buying the exposure in some derivative form (most likely in a basket) wouldn't be the first time... It sure would not be the first time. I suspect so. Glenn

To: James Fulop who wrote (8154)	6/30/1998 2:35:00 PM
From: slipnsip	Read Replies (3) \| Respond to of 164684

As time goes on, I am beggining to believe that this thing will continue up with the sector until some news story breaks the back of the whole sector.. I used to figure AMZN would go down under its own weight.. Doesn't look like that is going to happen.. Here is the trouble.. When the news hits, the corrections will be so severe so quickly i.e. gap down, that it will be difficult to unbox and make any significant profit... Unless of course they slide all the way into Chap 11 which is still strong posability down the road...