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


To: DAY TRADER who wrote (55181)5/4/1999 8:01:00 PM
From: H James Morris  Respond to of 164684
 
Dt, another Jones?? I'm going out to see, now.
Thanks



To: DAY TRADER who wrote (55181)5/4/1999 8:28:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Pummeled Internets regain some footing
NEW YORK, May 4 (Reuters) - Battered Internet shares
regained some ground in early trade Tuesday as investors tested
the sector.
The American Stock Exchange's 50-share Internet index
<.IIX> was up 3.7 points, or 1.17 percent, at 323 points as the
gauge marked a turnaround from recent dips.
The high-flying sector has been battered in recent days as
investors have fled Internet and other technology issues for
economically sensitive shares in such industries as autos,
metals, paper and oil.
Internet shares have also come under scrutiny about their
soaring valuations, especially after retailer Amazon.com Inc.
<AMZN.O> warned last week of deeper losses in coming quarters.
The American Stock Exchange gauge fell 3.6 percent
Monday. The index was off 10 percent at Monday's close from its
record close April 26,
"It looks like they'll try to stabilize today," said Peter
Coolidge, senior equity trader at Brean Murray & Co.
"There is some renewed interest. Some investors are kicking
the tires."
Amazon.com, which fell almost 40 points last week, was up
4-14/16 to 155-13/16. CMGI Inc. <CMGI.O>, which develops and
runs Internet and direct marketing companies, rose 14-15/16 to
250.
RealNetworks Inc. <RNWK.O>, which launched a new platform
Monday for downloading and managing digital recorded music,
strengthened 15 to 215-1/16.
Service provider America Online Inc. <AOL.N> was up 3-7/8
to 137.
Among other Internet indexes, the Dow Jones electronic
commerce gauge <.DJECOM> was up 2.7 percent and the Dow Jones
Internet service index <.DJISVC> rose 2.6 percent.
The Dow Jones Internet computer index <.DJINET> was up 2.45
percent.