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

To: llamaphlegm who wrote (17861)	9/22/1998 9:04:00 PM
From: Bill Harmond	Read Replies (4) \| Respond to of 164684

I think Yahoo is a special case. They blew the community away last week. I think Amazon needs to reveal more planning before it gets another leg-up, but I don't think there are enough shares outside institutional hands for the shorts to cover, so any kind of fireworks are possible. I have less of a feel for AOL. I'm expecting a 10% pullback here really soon in the group, based on the extended nature of the McClellan Oscillator which shows the market over-bought now. It could stay overbought, though, like it stayed oversold last month.

To: llamaphlegm who wrote (17861)	9/23/1998 2:29:00 AM
From: Sonny McWilliams	Respond to of 164684

LP. I know you were posting to William but since you addressed it to me, I will answer it. About Amzn. The plain truth is: I never really know for sure what it will do next. I just go with the flow. I have owned Amzn for quite some time. I sold it the first time once it doubled after the split. Since then I just buy it when it comes down to about 90 and sell it around 120. I may have to adjust this strategy and buy some lower at times. I am not sure if Amzn will stay in tune with AOL and Yahoo. Those 2 cos. are a bit diff. from Amzn and seem to have more loyal fans and therefore don't girate as much. Amzn has been quite good to me, so I don't worry about everyday price movements. I just wait until it hopefully gets near my price target and then I take it from there. Sorry of not being more helpful. Sonny