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

To: OtherChap who wrote (27719)	11/22/1998 7:38:00 PM
From: wildbill	Read Replies (1) \| Respond to of 164684

Otherchap: Unfortunately, I agree...when this mania does end, it could get quite ugly; stocks almost always go down faster than they go up, and these internet stocks haven't exactly "crawled" their way to these levels the last 5 - 10 trading sessions. I actually hope it doesn't get too ugly though, as I like to go long these stocks from time to time, and if they get crushed, there's not likely to be much of a bounce. Time will tell, but this current run seems to have about reached it's required frothy top necessary for a turn around for at least the short term, as internet mutual funds are now (or are just starting) taking short term profits as the new, retail investors jump on in doves. Saw almost nothing but 100 - 500 share trades on AMZN in last 10 pt run-up friday afternoon, with no trades of any size. The next 4 - 6 trading sessions will tell the story, IMHO...... wildbill