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

To: Bill Harmond who wrote (58841)	5/27/1999 1:50:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

Yeah. Amazon! Amazon has a lower price/sales ratio than Barnesandnoble.com<< William i saw that and i think Amzn is going to be weak, a wait-and-see what happens stock for awhile. On Yhoo this time, at the bottom, the volume was higher than Feb low and much better looking stick too. That's three times now we hit that support there since Jan. -- i hope it holds. The Dow looks like it's finally correcting and going into consolidation now. One thing i noticed on Sox is the inverted head and shoulders pattern developing, if it every breaks 428 resistance , there will be an excellent rally in techs. Gabelli Growth: Why it Dumped Consumer Staple Stocks: ...'I feel that the growth in the U.S. economy is predominantly in the information technology industry,' says Ward. fnews.yahoo.com