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

To: Glenn D. Rudolph who wrote (43544)	3/2/1999 9:01:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

I can tell you with certainty that retail sales in all categories are very strong. Also, WMT continues to gain market share. I am not sure if it will get a lot cheaper due to being considered a safe haven in a bad market. A real fear is an interest rate increase which could slow retail sales. I have no clue if that is a likely scenerio.<< That all depends upon where long term rates will go if they move above 5.7 and onto 6.00% then near term stocks could correct more. Interest rates are still questionable watch support levels on indices if they break down then act accordingly. Would you give me your TA on INTC when we reach this point? I still like the company.<< I'm not crazy about Intc, but i bought it for good reasons at the time; however, there're many analyst bashing this stock constantly and the over hyped negative news about Intc's competition is sometimes too much for me. I can think of a number of other stocks to hold long term. Let's hope it does shore up there on 200 ma. If 350 is taken out on sox, then sox could go to 320, a good support level that should hold.