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

To: jach who wrote (31706)	12/30/1998 1:47:00 AM
From: jach	Read Replies (2) \| Respond to of 164684

AMZN will likely be down again when the mkt opens. AOL was already down after mkt more than 3$, see news below. Next Monday maybe the black Monday for AMZN as many have been waiting to delay their profits; and also with their additional two shares that they want to get rid off from split. imo. ================================================ from TechWeb News Tech Sector Misses Blue-Chip Rally (12/29/98, 4:40 p.m. ET) By Kora McNaughton, TechWeb Despite wide gains by some retailers announcing new websites, technology stocks went nowhere Tuesday. But the Dow Jones Industrial Average, powered by blue-chips, leapt ahead. The Dow soared 94.23 points to 9320.98 and the Nasdaq eked out a 0.88 gain to end the day at 2181.18. Telecommunications stocks were an exception to the technology slump. WorldCom [WCOM] was the third most actively traded stock on the Nasdaq, advancing 2 5/16 to 74 1/4, AT&T [T] added 4 3/16 to 78 13/16 and Sprint [FON] closed up 3/16 at 84 3/16. Among local phone carriers, Bell Atlantic [BEL] climbed 1 7/16 to 59 3/4, BellSouth [BLS] rose 2 1/4 to 48 1/2 and SBC [SBC] inched up 1/2 to 54 1/8. Major names in Internet retailing were conspicuously absent from the Nasdaq most actives list. Instead, companies announcing plans to sell on the Web attracted investors, with Value Vision [VVTV] adding 5 1/8 to 11 3/8, G-III Apparel [GIII] jumping 6 3/4 to 8 7/8 and SkyMall [SKYM] advancing 5 3/16 to 40 3/4. But Amazon.com [AMZN] slid 19 5/8 to 332 5/16 and CDnow [CDNW] fell 1 1/16 to 21 5/8. Online auctioneer uBid [UBID] climbed 3 9/16 to 143 1/2. Super-cap technology stocks lost ground. Intel [INTC], which said it will cut prices on its processors next week, fell 1 1/16 to 121 1/16, Dell [DELL] slipped 3/16 to 74 9/16 and Cisco [CSCO] closed down 11/16 at 93 1/2. CS First Boston initiated coverage on Fore Systems [FORE] with a buy rating, but the stock fell 2 13/16 to 15 7/8. Synopsys [SNPS] lost 1/4 to 52 1/16 despite Soundview Financial's initiation of coverage with a buy rating. In after-market trading on the New York Stock Exchange, America Online [AOL] fell 3 1/4 to 154, and Compaq [CPQ] lost 11/16 to 41 11/16. Cadence Design [CDN] slipped 1/8 to 27 1/2 despite a buy rating from Soundview.