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

To: DLS who wrote (13211)	8/11/1998 1:06:00 PM
From: Peter V	Respond to of 164684

Flight to value? AMZN up!?!?!?! (eom)

To: DLS who wrote (13211)	8/11/1998 1:10:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

Amazon.com is continuing to rebound off the move down to the 110 level and is benefiting from increased coverage by the major brokers due to the GCTY IPO. The Wall Street hype machine is in full gear. This trend may continue for a couple few more days - maybe going into next week - longer than I had previously expected. I expect it to run out of steam as it approaches the 130 level and as the hype machine starts turning attention away from GCTY and related companies. Although the longer-term indicators are bearish, the short-term TA is not yet signalling a sell.