Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.27

-1.4%

9:31 AM EST

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To: Marty who wrote (11125)	7/21/1998 9:24:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

U.S. OPTIONS/Amazon vols firm, await Q2 Reuters Story - July 21, 1998 21:17 %US %STX %DRV %.N/OPT AMZN V%REUTER P%RTR CHICAGO, July 21 (Reuters) - Implied volatility on Amazon.com Inc. options held firm in active trading on Tuesday morning as the stock shot up to a fresh record. Volatility for August at-the-money options was trading around 100 percent as traders braced for the online bookseller's second quarter results, due on Wednesday. "Vols will go higher in the next day," said Paul Foster, investment strategist and editor of 1010WallStreet.com. "But there's no such thing as an average volatility on these Internet stocks anymore," he added.

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