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

To: Bill Harmond who wrote (31847)	12/30/1998 5:51:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

>Not Amazon. Probably not Amazon, I agree, but when the momo players and retail guys see several high profile 'net stocks getting shut down, do you really think they're going to wait around with 500% gains? >You remind me of a guy Whatever your personal insults may be, it does not change the fact that we are in the biggest mania in the history of the stock market, and it is going to end badly. Come back in 1 week and tell me you're still long on all of these tulips.

To: Bill Harmond who wrote (31847)	12/30/1998 5:52:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Imagine all the "newbie" shorts who piled in today Why? Imagine all the "newbie" longs who bought the "so-called" dips today. It clearly was program sellings today.

To: Bill Harmond who wrote (31847)	12/30/1998 5:54:00 PM
From: tonyt	Respond to of 164684

>Imagine all the "newbie" shorts who piled in today. Actually, I think that the opposite may have occurred -- "newbie" investors buying on the dips. Remember, the 'internet craze' has been getting a lot of press in the past week. A lot of "newbies" who were wishing that they owned AMZN may have viewed this as a buying opportunity (...and who knows, they may be right). ....or there could have been "newbie" shorts who piling in today ;-)

To: Bill Harmond who wrote (31847)	12/30/1998 6:07:00 PM
From: Robert Leverton	Read Replies (1) \| Respond to of 164684

<<Imagine all the "newbie" shorts who piled in today.>> I'm not a newbie, but I definitely piled on with AMZN shorts today. When share holders who have made incredible gains over the previous year choose to sell now and incur a huge tax liability this year instead of waiting 2 trading days before having the luxury of deferring for a full year. This spells FEAR. Short sellers love the scent of fear. I have nothing against anyone holding internet stocks, quite the reverse, I admire those who have made money in this huge run-up. But now is the time where those with skill are separated from the lucky. I'll hold off on the placards you typically see on this thread warning of impending doom and let the next two weeks speak. Best of luck to all. Bob