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

To: H James Morris who wrote (17687)	9/21/1998 12:47:00 PM
From: Jan Crawley	Respond to of 164684

I got the impression that Merril L, might be the first, and Morgan Stanley will be the last. Hi James and Rob, Supply/Demand is controlling the daily trading activities. I believe that we have all the insincere buyers such as shorts and traders, all the sincere sellers such as the elephants and the insiders! Whenever the sellers show up, large or small, everyone(all the traders) will "short" Amzn and drive the price down sharply and then everyone will cover and send the price back, all in a few minutes...This creates opportunities for limit orders...and this happens very often. On a daily/hourly basis, when there is no sellers, only traders, then the price will go up, if it goes up $5 to $10 during the day, then it's wonderful opportunities to "short" a small # of shares if they are available... When the above does not apply, trade against the box for small gains. But the important element is still your analysis: watch the sellers, they are for real!

To: H James Morris who wrote (17687)	9/21/1998 1:15:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

I look back at when inet IPOs came out before and remember that AMZN went up on the hype surrounding each major IPO. Despite the change in market climate, I think ZNMA may get a bit of a lift from eBay and other IPOs. I hope that's the case and Amazon gets bid up to the point that the TA indicators signal another extreme over-bought condition (traditional TA indicators don't care what the fundamentals are - some newer long-term indicators take that into account).