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

To: Mark Fowler who wrote (33743)	1/8/1999 10:29:00 PM
From: Voltaire	Read Replies (3) \| Respond to of 164684

Mark, This was nothing more than a Classic ' PICKUP & SNARE ' move by the MM's. I have seen a lot of these but this was the most obvious. The reason it was so obvious is because of all the new small investors that have been drawn to AMZN to make their fortune. Their problem and undoing was most that buy a stock like AMZN do so with their brilliant Stop Loss Order in hand. Come the last hour, the MM's look up, see all these stops and knock them out like bowling pins. That is not the only dynamic that manifest itself here. It is like a four point play, while they are knocking out the stops, the new little short experts start selling like crazy. Now the MM's are set for earnings blowout next with YHOO. They have picked up relatively cheaper shares and have snared all the shorts they wanted. From the porch, Voltaire

To: Mark Fowler who wrote (33743)	1/8/1999 10:30:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Mark>>I actually think<< Please don't think. It hurts if you think too much. What I think is, that You and William have had your day, and the buzzards are circling in. In the next month or two, don't you think it would be wise for Glenn to have shown up. For the first time? Be honest here, if you can!