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


To: Rob S. who wrote (12131)7/30/1998 3:45:00 PM
From: H James Morris  Respond to of 164684
 
This is what they said yesterday <
Seattle, July 29 (Bloomberg) -- Amazon.com Inc. and other Internet-related stocks fell as their earnings disappointed investors seeking evidence to justify the past month's surge in the companies' shares.

No. 1 online bookstore Amazon dropped 11 1/8 to 107 13/16 while Internet search directory Excite Inc. fell 5 1/8 to 35 7/8 and rival directory Yahoo! Inc. dropped 9 11/16 to 173 9/16. Many Internet companies have lost 20 percent or more of their values since last week. >
This afternoon they will say 'Wall Street jumps back in to the Internet'.
Look @ the Amzn action again today. Morgan Stanleys retail division is out there selling any idiot out there Amzn @113-115ps.
They also will be more than happy to give some little guy who wants to take a profit, a buck or two above todays low.
Have you seen this post before?
Thats why 95% of my money is in Cash, because Wall Street is just full of Bull Shit and the commonman.