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


To: Jan Crawley who wrote (50603)4/15/1999 2:16:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Jan, I sold 1/2 off my position in the big "C" this morning @ 72. Average cost 57. This rumbling of higher interest rates, I don't like.
Trust me on that.



To: Jan Crawley who wrote (50603)4/15/1999 2:20:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 164684
 
I agree completely, which is why i'm afraid for our economy. With the highest number of americans invested in the market in history, and with the average citizen now having more invested in equities than in their home, does anyone think it is healthy to have a bunch of day trading trained chimps controling the stability of our assets?

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IMHO, the so called fundamentals of both Amzn/Yhoo rests heavily on the shoulders of the 9M on-line trading accounts..and booming on-line trading activities..