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


To: JBL who wrote (27463)11/20/1998 11:16:00 PM
From: Mike M  Read Replies (1) | Respond to of 164684
 
JBL, I knew I could count on you to throw cold water on this rally... I think as usual you are a little off on your timing....This rally will carry over into the next year....Feb or Mar are more likely to show sustained weakness in the market...I still think you are too bearish...

Regards,

Mike



To: JBL who wrote (27463)11/21/1998 1:12:00 AM
From: Gary Walker  Read Replies (1) | Respond to of 164684
 
>the entire Internet stock pyramid will start to shake and then crumble, and will also cause the DELLs , Intels, Microsofts of this world etc... to get a very nasty haircut.

Not without some huge news event and while the Fed is easing. It doesn't make any difference if the Feds actions are dangerous ie. inflation. Easing or expectations of easing will keep liquidity in this market. Don't fight the Fed.

I agree with you on the pyramid, this herd can run a bear over in a second. Just ask anybody holding shorts in AMZN this week.