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

To: Michel Bera who wrote (15428)	8/31/1998 5:13:00 PM
From: Rob S.	Respond to of 164684

You should thank the bears for helping to keep NZMA as high as it has been for so long - without the short covering that has occurred I think the stock would have had an "orderly fall" to these levels anyway. The only thing really surprising is the abrupt timing of the fall. The inet stocks had been the "teflon dons" of the investment world. No matter how much expected losses increased, the stocks just kept right on rolling along. Dumb, or at least self-serving anals largely continued to have buy recommendations or holds at worse despite issuing lower earnings estimates. I just hope that the investment public learns something from all of this! That brokerages can't be trusted to give objective advice to the small investor - that they will smile to your face as they sink the dagger in and twist it as they pick your pockets! Truth in advertising should require brokerages to use this statement: "We tell the American idiot investors anything necessary to keep them trading as we take their commissions and guide our large clients in the other direction."