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

To: Rob S. who wrote (11214)	7/22/1998 1:42:00 PM
From: DancesWithFedCalls	Read Replies (1) \| Respond to of 164684

Rob S.: The market is more out of control than most people think. I couldn't agree more. I can't believe how many times these last few months I have logged in to check the market and discovered stocks that I thought should be going up, are heading down, and stocks that should be going down, are adding 10% or more per day. It is ridiculous. Some companies are still being rewarded for beating earnings estimates that are at least 25 to 50% lower than they were a year ago. Many (if not most) of the small and mid-cap stocks that got knocked down last fall, have yet to recover, and have benefited very little from this year's bull market. It seems that momentum is now the only game in town, and that the internet stocks are the best place to play (and who can argue with that, when stocks like AMZN can move 50 points in a week!). -dances