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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Michel Bera who wrote (6835)	8/31/1998 4:58:00 PM
From: MulhollandDrive	Respond to of 93625

OTOTOT Michel, It's a tough call on stocks like AOL and AMZN, to be truthful, although I love the company (AMZN) I would not be a buyer at this level. I posted a couple of weeks ago that I expect the overall market to trend down until earnings start coming in. With inflation low, earnings will be the driver of this market and there is still a lot of concern about how earnings will be affected by countries with serious currency problems. I think that next quarter earnings, once reported, will give investors a better grip on how the market will fair going forward. As an aside, Ibexx and I discussed last week (maybe on this thread) that the American elections are another wild card that could keep investors at bay pending the outcome. I keep thinking of Bette Davis' line, "Fasten your seatbelts, it going to be a bumpy night". bp edit...just saw your amzn post, down to 82 ouch!