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

To: OtherChap who wrote (17712)	9/21/1998 4:33:00 PM
From: Jay8088	Read Replies (1) \| Respond to of 164684

Are you expecting that this rally and AMZN's move today are phony? And if so, how did you reach the conclusion?

To: OtherChap who wrote (17712)	9/21/1998 4:40:00 PM
From: craig crawford	Read Replies (3) \| Respond to of 164684

>> Watch CNBC. Without exception, every single anal-ist who appeared said the market was set for a rally. << Most analysts on CNBC are always expecting a rally. I don't think it has much effect. Also, Bill Meehan was on CNBC today and he was bearish. (as he has been for a while) >> In my opinion, CNBC has more influence on the stock market in the short term than any other media outlet << Sure, but it's not always predictable and you can take advantage of it sometimes. I think you just complain when they don't support your position. >> CNBC understands this, which is why they kicked out Dan Dorfman when it turned out he was in cahoots with the stocks he was recommending, << Prove it. >> and it's also why all employees of CNBC are only allowed to invest in mutual funds, not individual stocks. (It's part of their contract- i know a guy who works there now as an intern) << I don't think this is true either. I have seen Mark Hanes talk about owning stocks before. I don't think they are allowed to short and I think they have to hold their stocks for a certain period (like 6 months or something).