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

To: Sarmad Y. Hermiz who wrote (43932)	3/4/1999 6:46:00 PM
From: GST	Respond to of 164684

Sarmad -- <I don't know what will move amzn to 140 other than good earnings.> Don't let Glenn hear you talk like that <G>. The answer is, ta da, momentum -- that is all there is to this stock. And as for today -- a good market? Nah -- just a nervous market, with a little fear of being left out if the market actually moves one way or the other. We have been in directionless trading -- bumping up and down around the 'tech sucks' theme. A breakout in bonds tomorrow in the face of 'not bad enough news' may be the push we need to actually have a direction -- and it will carry AMZN along with it.

To: Sarmad Y. Hermiz who wrote (43932)	3/4/1999 6:56:00 PM
From: CookiePuss	Read Replies (3) \| Respond to of 164684

Why do you think it ran down today despite a strong market ? From Briefing.com: 14:23 ET Amazon.com (AMZN) 116 5/8 -6 7/8 (-6%): Concerns that online retailer may have trouble meeting top-line estimates is dragging Internet group lower. Analysts are currently on both sides of the fence. Some believe that introduction of rebate program part of previously announced increase in promotional spending. Others concerned that size of rebates suggests company desperate to boost sales in the last month of the qtr.