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

To: Mark Fowler who wrote (15655)	9/1/1998 7:59:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

>>Did you buy any shrs. today No. I don't have the facility on the road to have been comfortable doing it, plus I'm still leaning bearish. I sure enjoyed watching you day trade, though! That was sweet. Heading home tonight.

To: Mark Fowler who wrote (15655)	9/2/1998 8:22:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Investors also are learning to be pickier about Internet stocks after some of the fledgling companies have seen their stocks more than double in as little as two months. Amazon.com Inc., the largest online book seller, fell again, dropping $3.80 to $79.95. Shares of the company, which has yet to turn a profit and whose losses are actually widening, have plunged 40 percent in the last six sessions. With the exception of Yahoo Inc., the largest online directory, most of the big online companies have actually never made a profit: the only way to justify their sky-high stock prices was to argue that some day they would. Yahoo shares bounced back, rising $3.25 to $72.25, but still down 26 percent from $97.69 in the past six trading days. "Internet stocks have a problem," Murphy said. "It's just not clear ultimately what business model is going to make you money." <LSI.N