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

To: Rob S. who wrote (13823)	8/17/1998 4:26:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

>>This signals a de-coupling between the inet sector and the general market IMO. Way too soon to tell. Yahoo, Excite, Lycos, Broadcast.com, DoubleClick, CMGI up. The group was mixed today. Don't forget that Amazon was so strong that it didn't come down and test its correction lows with the rest of the market last week, and held today above its 10-day average.

To: Rob S. who wrote (13823)	8/17/1998 10:45:00 PM
From: Tom D	Read Replies (5) \| Respond to of 164684

Today's decline means about as much as last week's increases. In the last couple weeks the stock was rising during plummeting markets. Now it is falling despite a major rally. IMHO, the MM's have got it in a range. They jerk the price up to the top of the range, then sell off, taking profits and jerk it down to the bottom of the range. For me, a long-term (i.e. 3+ years, I expect) investor, neither of these recent movements against the major market trend are meaningful. For you traders, especially the bears, I hope you all make tons of money and get ahead of the game on this beast. I would think that most bears still view AMZN as the short from H*ll. It does appear to be more predictable of late. This is not to take anything away from Rob S, who has run circles around the analysts. But I am too busy being responsible, doing my imitation of a serious, concerned, caring physician etc to be able to watch enough to try my hand at trading. Another thing about trading is that in restropect it always looks so easy. But prospectively, I have found it pretty terrifying. Best Regards, Tom D