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

To: craig crawford who wrote (23708)	10/29/1998 3:40:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Not to the extent of the extremes seen in the TA. Close, but not there yet. This time it looks like more of a steady build up rather than days with 10-12. When Amazon first shot to the 120-140 level, the bulls were convinced that they would soon be able to sell their shares as high as 300 (I remember the posts) and many shorts were licking their terrible wounds after run over by their need to cover. That is hardly the scenario today. On each drop and subsequent attempt at the 130-140, the manic-depressive quality of this stock shown very clearly. I don't get quite that sense of it now. My perception may be partly due to hanging around it longer, but I think it is still the case.