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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%Dec 1 3:59 PM EST

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To: Glenn D. Rudolph who wrote (8814)7/4/1998 6:34:00 PM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) of 164684
 
I bet a couple of Billion in losses have been racked up by the shorts on this one. The multitude of orders from THE PEOPLE are beating the heck out of the Pro's who are betting against these stocks.Now a good part of the Momentum is due to binge short covering that occurs as the shorts are ENTRAPPED at various levels.If there are 30 million users to 40 million users on the net then there are probably at least 20 million that are familiar with key Brands such as AMZN AOL YHOO NSCP SEEK LCOS XCIT CMGI AND OTHERS...God help the shorts if every day a few hundred to thousand new Players enter these stocks....GRIM has Spoken...I have more vision than Buckminister Fuller ever had.....hahaahahaha
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