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

To: memflyken2 who wrote (55232)	5/5/1999 1:01:00 AM
From: Kumar Nathan	Read Replies (3) \| Respond to of 164684

Hi Guys: I think current setback for AMZN is a good starting point for a greater leap. I wouldnt be surprised when AMZN flirting at $250 range in two weeks time. Currently all the indications looks very favorable for a good poise. I strongly believe that by next week there will be a settlement in Europe. This coupled with good economic indicators (hopefully) will push all these stocks to a new high. Furthermore I think most of the threaders are going thru some kind of a manopause ; there has been wide mood swings and hot flashes when the stock goes down. Believe me you will all be smiling in two weeks. Regards Kumar

To: memflyken2 who wrote (55232)	5/5/1999 8:14:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> Sarmad, you ask "what caused it?" C'mon: this nut has made NO sense, for months. And now everyone's shocked that it's tanking? << Not shocked. More like stunned ! But seriously, the question is why did amzn start the day up 8 pts, then hold it there for 7 million shares, then promptly at 2: PM drop 15 pts ? And, and this may be significant, the dow, nasdaq, and all the other nuts fell off the cliff at the same time. Someone later told me the bond market closes at 2 PM, and the bond triggered the drop in stocks. I am consoling myself with that explanation, and look for a rebound today.