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

To: Lizzie Tudor who wrote (60596)	6/4/1999 8:21:00 PM
From: Rob S.	Respond to of 164684

It looks like Amazon is gaining some free press from it. It's a very small issue anyway. Amazon has a fair chance to move up next week, but then I thought it had reversed early this week and would rebound a bit. Today was probably a retest of the low for the next few weeks. But then I expect the nets to resume a move down to lower ground this summer. The worst of the sell-off has taken place and a repeat of last summer's steep sell-off is unlikely, IMO. I guess it has already been pretty steep in most net stocks - as much as I originally expected for the sector. The factors for more selling this summer are still in place.