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

To: Bill Harmond who wrote (39895)	2/13/1999 7:58:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

William, I don't know who quoted "Colin" and perhaps the reference was to Colin McNay (sp?) of Essex Mgmt who had encouraging words to say about amzn. Remember, they took all their profits in the internet stocks. I think the reference said they sold 90% of their holdings, or maybe they have 10% Internet stocks. Is that why prices tumbled ? The early holders sold and the later arrivals are bewildered why the rallies stall ? Remember a couple weeks ago one of the posters here said he made $200K buying yhoo at 260 selling at 360 on 2K shares. (prices pre-split). How intelligent the buyer feels now. Is that something to brag about. How some fool is out $200K that now lines his pocket ? I would like to know the basis for saying "I think we go to new highs". -Sarmad