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

To: Jenne who wrote (49832)	4/11/1999 9:57:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 164684

"Futures down 50... how would that translate to lower stock prices.. like 15% .. more.. more?" Please relax. They were down 40 when I checked a minute ago. We are talking 1 week of nasdaq gains, about 2%. IMO the problem is that INTC then reports after the bell Tuesday, so there will be a lot of folks trying to protect themselves until INTC reports. If INTC's number are good, or some reassuring words are spoken from MSFT, DEL, Gateway or the like, things will settle down. Never know. Someone like Meeker could give AMZN a 275 target and the drop will stop. If INTC is low, the nas will probably correct. Let me remind you that the internets were an area of tremendous strength in the fall sell off.