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

To: - who wrote (59201)	5/30/1999 2:48:00 AM
From: Bill Harmond	Respond to of 164684

Well said!

To: - who wrote (59201)	5/30/1999 9:00:00 AM
From: dennis michael patterson	Respond to of 164684

Palo Alto. I looked at the chart for AMZN this morning. It actually looks like it may-- may -- be on the verge of a trend reversal. It is sitting right on the downtrend line and, in addition, looks like it may have put in a bottom. Unfortunately, this formation looks just like the bottom it put in at 132 but could not hold. I'd love to hear how you see the chart.

To: - who wrote (59201)	5/30/1999 2:09:00 PM
From: Rob S.	Respond to of 164684

Yadda, yadda, yadda . . . all this bull and bear talk is speculation about increasingly questionable results in an equity market that is becoming increasingly diluted by a plethora of .coms. All that really matters is "the trend is your friend". The bears tried to deny reality last Fall in the heart of the Internet Christmas shopping season and got burned badly by the trend. Now the bulls are trying to deny the equally obvious reality that the trend is negative, summer time is around the corner and tech and net stocks are not going to return to their previous glory at least until vacations are over. Give it up and take your profits in the sector. It is going down further, IMO.