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

To: Sarmad Y. Hermiz who wrote (60173)	6/3/1999 11:56:00 AM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Sarmad, Bought 200 Yhoo @138 3/8 and sold the 200 Amzn @111 5/8 this morning; so currently my trading portfolio holds the Yhoo shares only. Have a pending order to buy back the 200 Amzn @106 1/4. Still pending Aol(@91 3/4), Driv(19 1/8), not much of traps and not likely to be filled. Your net trading performance has been better than mine so this is just FYI only.

To: Sarmad Y. Hermiz who wrote (60173)	6/3/1999 12:39:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Thanks for your clear headed thoughts . . . you may well be right. Since the Internut stocks have lost leadership and the market has turned negative, the market has shifted to considering what influences the monetary policy much more. A strong employment number could be what pushes the Fed into raising rates. I don't know if the Fed will raise this next time but a 1/4 point move by this fall seems likely. Longer term, I expect inflation to be moderate. Many of the net stocks have tended to rise 2-4 weeks prior to their next earnings release. I think the shear anticipation of announcements spikes up the interest level in these go-go stocks. I expect that phenomena to play out but to a lesser extent than the past few quarters.