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

To: Dr Smith who wrote (38683)	2/7/1999 10:30:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Now that the stock has turned down, you would think that there would be new questions on accountability, not just for Meeker but for BancBoston for advising investors to jump in before the 26th of January; like there was some urgent need to rush in to save the daytraders, or something. I suppose we get use to the fact accountability does not exist. I guess the long term issues don't mean anything in the fleecing of America! Where are the new buyers now? I do not know but I am sure the junk bond holders hope they show up in the near future. Glenn

To: Dr Smith who wrote (38683)	2/8/1999 1:32:00 AM
From: Dwight E. Karlsen	Respond to of 164684

Where are the new buyers now? They're probably feeling like they were taken to the cleaners. They're either selling at a loss, or more likely enduring painful losses, waiting until the stock "recovers" somewhat so they can dump their shares. Good ol' overhead supply is what they are now. Finally this stock will probably respond better to conventional TA. The volume of stock that got bought up in the $185 range makes a hard resistance area (that's assuming the stock ever makes it back to that range, which is totally up in the air right now).