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

To: Glenn D. Rudolph who wrote (25346)	11/10/1998 10:03:00 AM
From: Rob S.	Read Replies (3) \| Respond to of 164684

The Internet sector is now seeing a speculative bubble that cannot be sustained. eBay, KTEL, and others are up astronomically - shooting past 12 month targets of the internut loving analysts. This run up will cools down and will lead to selling by the end of the week. Too bad you sold KTEL short earlier - now is the time. AMZN is trying to join the enthusiasm but is putting on a half-assed showing in comparison. It may try to test the 130-133 level before backing off to lower levels. In this market even stocks in which the insiders and VCs are dumping more shares that the sales of the company are getting a lift! The momo investors are jumping on board KTEL, EBAY and others but are only paying a minor interest in this dog.