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

To: Glenn D. Rudolph who wrote (27056)11/19/1998 5:03:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Glen, <
New York, Nov. 19 (Bloomberg) -- A comment on the late-day reversal in Internet shares by Ken Pasternak, chief executive of Knight/Trimark Group Inc., a market maker in Nasdaq stocks:

''There's a heavy population of momentum players in these stocks,'' Pasternak said. ''And once they saw that they weren't going higher, the stocks started going lower.''

Yahoo! Inc., up 437 percent this year, fell 4 1/4 to 185 7/8. Amazon.com Inc., up 409 percent in 1998, fell 10 3/4 to 153 1/4. >
To use the old Coca Cola phrase "Was this a pause that refreshes?"
or, just a hiccup?
Regards



To: Glenn D. Rudolph who wrote (27056)11/19/1998 5:10:00 PM
From: cellhigh  Read Replies (1) | Respond to of 164684
 
glenn,i didnt,and never do call day to day action.where did you get that
from???one down day in a week and already the ha ha's are starting.
do me a favor and continue your strategy,your doing just fine.
if i where you i would short,and try to take full advantage of amzn's
imminent demise.why not do it at the opening bell.


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