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


To: Sarmad Y. Hermiz who wrote (55016)5/4/1999 9:20:00 AM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
>>>Yahoo's breakout lasted two days, AMZN less than a day. <<<

Yes, I was surprised. These were failed breakouts...and a signal that they would 'correct' significantly.....which they did.
There will be a next round, and I will be there!
In the meantime, I will raise cash.

--Olu E.



To: Sarmad Y. Hermiz who wrote (55016)5/4/1999 12:10:00 PM
From: Lizzie Tudor  Respond to of 164684
 
Contrast this with QCOM where it is new highs every day.

Yes but qcom is the only one doing that. Who else is hitting new highs every day now? (I know I tried to chase qcom yesterday with no success). In contrast to the amzn upwards explosion where it was an internet sector thing. I think qcom is a story stock, fwiw and you can't draw too many conclusions there. Otoh if all the comm stocks were rising and amzn and nets were crashing then maybe there would be something.