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

To: Randy Ellingson who wrote (57197)	5/18/1999 7:29:00 AM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164685

AMZN: BANCBOSTON RS decreased estimate for fiscal year ending 12/99 from $-1.49 to $-1.73 on 05/17/99

To: Randy Ellingson who wrote (57197)	5/18/1999 7:36:00 AM
From: Sarmad Y. Hermiz	Respond to of 164685

>> How do you define the point at which the lower lows have stopped occurring? It is near impossible to catch the lowest low, but a few days of steadiness will be a good signal that the drop has stopped. In amzn, the reversals have been instant. The tops are a little easier to see. But the bottoms have always been very sharp V turns. Still, I don't think the 122 yesterday is the low for this quarter, because I still expect inflation worries to cause sharp market down days, which are exaggerated in the net stocks. When was the low last time ? When it trundled in the 120's for several days.