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

To: zax who wrote (12821)	8/7/1998 2:39:00 PM
From: Rob S.	Read Replies (3) \| Respond to of 164684

We may get a last gasp day-rally to sell against but the momentum has fizzled. This is weaker than I expected - thought we'd see more volume and a larger move on the strength of the market and tech stocks. The broad market re-bound also has fizzled but the beaten down (and fundamentally STRONG v. rediculously overpriced inet stocks) tech stocks are providing some leadership. I look for choppy waters ahead next week for the market in general. Amazongonenuts.com may have a couple days to the upside on a market rally but I expect it down to at least the 100-105 level by the end of next week. General market weakness could cause AMZN to move down to the 90-95 level. It may take well into the fall for the drop to the 70 level, IMO.