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

To: Mike M who wrote (28010)	11/24/1998 11:43:00 AM
From: Rob S.	Read Replies (3) \| Respond to of 164684

Mike it could be but its hard to tell that it won't take a couple of tries up before the "buying panic" psychology is fully satiated. Of all the indicators I know of, the seat of the pants read of the market psychology may be the most telling: when novice incestors are jamming the lines of their brokers demanding that they "get me into the Internet stocks now!" regardless of protests that the valuations look dangerous. Many bears have just given up and the language on the web sites shifts to how many 37+ days the stock will have after it splits. Those signs say that the flow of dollars into the stock is near its' zenith.