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

To: Sarmad Y. Hermiz who wrote (39061)	2/9/1999 3:37:00 PM
From: GST	Read Replies (2) \| Respond to of 164687

Sarmad -- you and I were having the same thought at the same time -- but you are more diplomatic than I. I have been watching this pattern on every stair runner on the way down -- people are forking over their money thinking -- 'this is where it will turn up' and then it turns down again the next day. Same pattern as the shorting of the stock on the way up, only in reverse.

To: Sarmad Y. Hermiz who wrote (39061)	2/9/1999 3:39:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164687

I disagree that AMZN is performing badly. I think its supporters are doing heroic deeds to keep it above 100. I watch real time tick and time and sales, and every time the price drops close to 102 a lot of 5K to 20K trades come in to buy. I don't know who these people are, but I am hoping they will run out of money soon. The puzzle is this was happening yesterday, and Friday, and Thursday and all of last week. So the buyers lost hundreds of millions, yet they keep coming. Sarmad, I see a lot of sells of decent size which may be the people you mentioned buying in the past. I can never explain the activity of this stock. The market selloff clearly is affecting it too. Glenn