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

To: Glenn D. Rudolph who wrote (21031)	10/9/1998 9:04:00 PM
From: Spider Valdez	Respond to of 164685

you are right! return is to value investing. this is why i say correction and 21 pt. drop was gift horse for shorters of amazon.com. market is bullish. over valued or not it is risky to be short in this market. i would short again this stock if i could get stock to borrow. but it would be with extreme caution at this point. boxing it is best bet i think! spider

To: Glenn D. Rudolph who wrote (21031)	10/9/1998 10:39:00 PM
From: JBL	Read Replies (1) \| Respond to of 164685

Dollar falling / bonds weaker = conditions for US economy perceived to be deteriorating rapidly. The reversal of Friday did not signal a bottom : - it was caused by raised expectations of a significant rate cut sooner than later. - it was led by financials and technology, and transports did not participate. If rates are cut rapidly, dollar will continue weakening, and compromise an export led recovery by Japan. If rates are not cut, US market weakens. Anyway you look at it we are going down.