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

To: Peter Bernhardt who wrote (15930)	9/3/1998 10:51:00 AM
From: Rob S.	Read Replies (2) \| Respond to of 164684

I still don't think so. I think a lot of the selling is by institutions that have decided that we are in a bear market and are dumping but that selling will ease off soon and stocks will continue to trade sideways to up. It's just too early for another leg down. A re-test of the low is a possibility 2-4 weeks out. For now I will stay with the guess that we see a lot of nervous trading but not a return to steep net declines. I'd take every 8-15 point decline as an opportunity to sell puts or trade the stock. AMZN is certainly riskier than most stocks and is likely to remain that way but that trecherous volatility is exactly what can make money.