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

To: Sarmad Y. Hermiz who wrote (39734)	2/12/1999 1:22:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Sarmad--if you promise not to wait too long on closing out, I will again offer my humble opinion that we are headed down at a screaming rate - and we are not in a trading range. Yesterday was a suckers rally. Worse, there will be more suckers today who did not recognize yesterday for what it was. Every day new players come to the plate and strike out with this stock -- soon the losses will be crushing -- I see AMZN moving sharply down heading for 50 before anybody can catch their breath. By the way -- I hear people talking about Japanese short rates -- what irrelevant nonesense. The rates there do not matter -- it is money supply that matters. Look at the long rate -- the ones set by the market. Up up and away, and taking our bond yields up with them. Watch for asset allocation as next week's story.