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

To: Jan Crawley who wrote (50408)	4/14/1999 8:29:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Jan, >> I would like to buy 100/200 shares at 162 and sell at 173; I think if we see 162 in the first hour, it will be down a lot further by the close. Today was very bad for the amzn bulls. The reason I think amzn may drop further is this: it gapped up for the 5th day in a row. And for the 5th day in a row it lost its steam and made a loser out of everyone who bought early. You'd think they have learned by now. Either that or ran out of money. Anyway, after being weak all day, it accelerated at the last 30 minutes. 900k shares at steadily lower prices. That means redemptions were occurring today and funds were selling in response. I think tomorrow will be down for amzn and yhoo. I would like to know Eugene's interpretation.