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

To: Glenn D. Rudolph who wrote (30947)	12/23/1998 9:16:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glen, I left the lid open on my ebay and Amzn longs yesterday. I want to try to participate in the Gap up that I anticipate today. Aol will fuel the momentum for most of the day. Will buy some yhoo calls or just buy the stock. Since there can't be any bad news. The Internets should fly. Regards Ps Does anyone know the symbol for Cramers new Internet index?

To: Glenn D. Rudolph who wrote (30947)	12/23/1998 9:20:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

Has anyone noticed that literally ALL the movement in the internet stocks occurs before the bell? Looking over charts of Ebay and Yahoo and Amazon, about 90% of the upward movement occurs in morning "gap up" activity. Once the stock actually starts trading, all of them just tread water. I remember the article recently in some news journal that said 75% of retail traders always use "at the market" orders on these issues- could it be that the entire runup is due to people placing market orders before the bell because they don't know what they're doing? (and of course the MMs have a huge incentive to keep the game going)