Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 244.12

-2.4%

1:29 PM EST

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To: GST who wrote (65681)	6/30/1999 2:53:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

KIS - Having had my faced crushed in a similar manner at least once or twice, it is a little incredible that you would have dumped, reversed and had confirmations on the volume of contracts you imply in 7 minutes. Small market orders snap back right away but human beings still get involved in larger transactions -- a 25% 'haircut' in a market like this might apply on index options if you are lightening fast -- but on a basket of stocks? GST, Human interaction is required with 10 contracts or more.

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