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

To: Glenn D. Rudolph who wrote (35835)	1/21/1999 2:18:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 164684

Well, I am not sure either. But one thing is certain-- there has been so much negativity of late, it is tempting to buy at these levels, at least for a trade on the long side.

To: Glenn D. Rudolph who wrote (35835)	1/21/1999 2:18:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

Amazon still looking weak, down another 15.. (that's 20 percent, folks) My screen shows bid size of 1, ask of 52. Not exactly a lot of buyers out there. :) Yahoo knew what they were doing when they went for the 2:1 split instead of a 4:1.. otherwise the stock would be under 100 bucks rather shortly..

To: Glenn D. Rudolph who wrote (35835)	1/21/1999 2:28:00 PM
From: GST	Read Replies (2) \| Respond to of 164684

Glenn -- <AMZN showing support> The tricky part is to distinguish support from the flat runner on the stairs. With every drop in AMZN there is usually a long period (we are, after all, talking about investors for whom long means one whole day) during the day when millions of shares change hands at a fairly stable price with low variation -- then there is the next drop and the same thing happens. Think back to when AMZN was 180 (it only requires short-term memory). Many, many millions of shares changed hands at that price with little movement -- was that support? What happened to those who 'played the bounce at 180? At 160? At 150? At 130? Now at 100? The trend is down. That is not the best time to buy the dips.