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

To: H James Morris who wrote (33790)	1/9/1999 3:34:00 AM
From: Dwight E. Karlsen	Respond to of 164684

H James, the fact is that the top is very very close. The reason is simple: Everyone is going to be trying to get out the door at the same time. Everyone thinks that they can make it out the door before the real crush of people. Once Yhoo reports, there will only be AOL to look forward to. Amzn took itself out of the game by preannouncing their sales #, and the sales # was the one that everyone was speculating on. As for AOL, notice how sluggish it's been since being added to the S&P? No action anymore there. YHOO is the #2 big daddy, so after this report the stairstep down begins as the news is sold. Where it will end who knows. I personally believe that Yahoo will disappoint the street with their sales #. It just won't be big enough. They're not selling merchandize. They're selling banner ads mostly, and getting "referral fees" for sending people to the real online stores. The fees are puny compared to what the street expects, IMO.