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


To: GST who wrote (38768)2/8/1999 12:49:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
That is why the volume sucks -- and it will only pick up on the downside as
investors who are underwater throw in the towel because they know they are never going
to see that money again.


GST,

AMZN is really starting to differ from the money makers in the net group. EBAY, YHOO, AOL all relatively strong. AMZN is the worst on a percentage basis. It may be the bond holders shorting. I do not know the cause but it sure is not following the net leaders.

Glenn

PS I hated to call EBAY a net leader but they do have a tangible book value and turn a profit. Remember I have a hate affir with AMZN only.