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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%Dec 15 3:59 PM EST

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To: Victor Lazlo who wrote (129865)8/9/2001 11:09:38 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> And exactly when was the prospect of bankruptcy removed? I must have missed that!

I didn't say it has been removed. The gamble is that there is a reasonable chance they will secure financing.

>> last gasps of insiders and other longs selling out while they could, as mo-mo folks like you bought in.

It may turn out that way. Though my guess is that the $200 million yesterday was all chasing the stock upward. And a large part of it had to be institutional money, just because the transaction size was large.
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