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

To: Jan Crawley who wrote (49122)	4/6/1999 1:12:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) \| Respond to of 164684

Jan, I am catching up to you. Short 100 @187.5, buy @182.5. Now limit orders to short at 189 & 193.

To: Jan Crawley who wrote (49122)	4/6/1999 6:13:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Jan, Remeber we said we need a blowout and reversal on big volume before declaring a top. Well, we had that today. Though not in amzn, but in yhoo. I think it is safe to short yhoo, and I will do that tomorrow. Re amzn, I don't know whether the bulls will accept yhoo's reversal as a sign, or maybe they will insist of having one of their own for amzn. My guess is the more sensible bulls will sell tomorrow en masse. If the indexes cooperate, 170 is very likely. There were 470,000 shares today sold in bulk. Apparently they did not find a home and were pressuring the stock down all day.