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

To: GST who wrote (34838)	1/14/1999 12:07:00 AM
From: David in Ontario	Read Replies (2) \| Respond to of 164684

GST...Yes, I also wouldn't short any 'net stock in this market Don't know enough about options to trade them...one day I'll find time to learn. You're right in that the huge surge in the ‘net stocks can't last...they will pull back...just a matter of when. Maybe AMZN will pull back more tomorrow? I just don't think it will given more good tech earnings today...APPL & MOT were good, AMD fell short by 0.04 from est 0.23, but reversed last year's loss from Q4 of -0.09 ...so still quite decent. Waiting to hear what Bezos has to say at the conference tomorrow... I feel that will push AMZN back up again and the market will be very keen to hear what he has to say... Brazil is out of the way and the March NASDAQ contracts are softer...so I expect a less volatile day tomorrow. However, once earnings season is over I expect ‘net stocks to pull back...well that's the theory. David.