Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 239.19

+2.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rob S. who wrote (10938)	7/20/1998 9:06:00 PM
From: Conner	Read Replies (2) of 164684

<A word of caution to short-sellers; although the underlying reason for the secondary would be to pick a plum, the active participation of the major retail brokerages may spur the price even higher, (institutions will stay away except for, perhaps, a quick turn). > I've been getting high-pressure sales calls from breathless brokers to buy their internet stuff, including Morgan Stanley's fund, which is another source of major cash to take into calculation. These guys are perfectly prepared to pump the retail buyers. This might be a source for a few hundred million in the event of a secondary. I couldn't believe it when I told the MSDW caller that I thought internet stocks were highly overvalued, he said "well, you can average in". Such is the retail psychology these days.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next