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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST

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To: Sarmad Y. Hermiz who wrote (105346)6/24/2000 10:59:00 AM
From: Tom D  Read Replies (4) of 164684
 
AMZN = $411 per share. One very entertaining stock.

If you remove the splits, AMZN is still $411 per share ($34.25 x 12). It has split 12 for 1, so Friday's close is $34.25

Joy Covey started selling her position as soon as legally possible--when the unadjusted price was less than $50 per share ($4 per share by todays scale).

I'd guess that her average sale price is still substantially below where the stock closed on Friday.

BTW, I don't see why AMZN can't just raise all their prices 2%. I doubt they'd lose a measurable amount of customers.

Tom D
Not long. Not short. Just intrigued and a bit amused. There is no denying the entertainment value of this stock--its at least as good as the baseball scores.
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