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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST

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To: Mark Myword who wrote (6770)6/19/1998 1:20:00 PM
From: F The  Read Replies (1) of 164684
 
>>That must be the price that maximizes the Street's options positions, both puts and calls.<<

Bill,
I have the same thinking especially look at now the volume is very low. It is easy for MM to control the price at this time if there is no bulk selling. I don't think they would jack up the price again because (I hope) whenever there is a pull back (up,) many sellers would take the opportunity to unload theirs. I don't know how long it will bring the price down to $40, but for sure this year.

Felicia
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