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

To: Mark Fowler who wrote (24321)	11/3/1998 5:13:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Looks the Amzn will come back to the middle band to test 120 support. Mark, I do not wish to make stock price predictions. I am becoming supersitious lately<G> Today was the first day that the insiders of the acquired companys could sell. That is notice given after earnings and then the three day waiting period based on the contract. I am not a chartest nor expect to be. However, I was watching the trades and there were a fair amount of decent size block sells. Not enough to get excited over but it may be some of the first of the acquired compnay shares to dilute. The flaw to this argument is the drop in YHOO too. Glenn

To: Mark Fowler who wrote (24321)	11/3/1998 9:10:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

It could go a lot lower than that over the next few weeks. I expect the brokerages to muster support for the de-facto secondary offering of 2.7 million shares that are registered. I'm sure they have worked out an arrangement with Amazon to support the price through their retail channels. We wouldn't want a crash in the stock before the insiders, VCs and investment banking firms (pimp brokerages, oink, oink!) clear away a few hundred million $ now do we? So I expect the price to stay in a range for a while but drop after the plunder - toward the end of the month. The average time AMZN has spent near the peak of a run up is about 10 days. It's almost there.