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


To: GST who wrote (40887)2/18/1999 12:59:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
The sell-off on low volume will eventually lead to many investors waking up one morning to realize "what the heck happened? My cherished Amazongonenutty.com is down to 1/3 the price it was on January 18th! . . . Daxn, I better call my broker and tell him to sell no matter what." That hasn't happened. But each time the market for net stocks looks like it might bounce, usually in the morning (Jan, the expert timer of the thread has this nailed down), it continues to sell off latter in the day. No rush in volume, no return of momo players but no panic selling either. Just smart money selling off slowly.