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

To: Jan Crawley who wrote (51389)	4/19/1999 2:34:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

No one will hide a large valuable object in something large, but many a time one has tossed countless thousands into a thing worth a penny. Compare the soul. It is a precious thing and it came to be in a contemptible body. (The Gospel of Philip 56,20-26)

To: Jan Crawley who wrote (51389)	4/19/1999 3:22:00 PM
From: Rob S.	Respond to of 164684

Jan, I really haven't done much with Amazon lately. I am working most of the time on web development stuff and haven't spent that much time on investments. It will be a traders market for a while - it has been but now the top has ben seen for most of the net stocks so the worry that they will explode to new highs is not as great. I expect a lot of up and down days but the trend will be down through this summer. Some of the nets will be down 50%-70% or more. Amazon probably won't go down more than another 40% by August. But if they do split and the wall street hype machine gets fully enrolled, it could move up to new highs - but they will be fighting up-stream against the current.

To: Jan Crawley who wrote (51389)	4/19/1999 4:40:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) \| Respond to of 164684

Jan, I went to a meeting from 1: PM to 4:10. Before I went I placed limit orders to buy amzn at 160 and yhoo at 168. At the time both these were 10 points below the quote. Guess what ? They both bought and are under water now. That's OK. I think I will be able to unload them to a greater "prudent investor" tomorrow at a profit. (I don't want to call my potential benefactor a "fool"). Otherwise I had a lot of "realized" profit today. However, now I have "unrealized" loss.