Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: llamaphlegm who wrote (20366)	10/6/1998 5:04:00 PM
From: OtherChap	Read Replies (1) of 164684

Pretty much everyone agrees that Vinik is in large part responsible for the unrealistic trading patterns and price of Amazon. The question is, when will he get out, and what circumstances will cause him to leave? Today there was strong selling into the opening gap up- no way to tell if it was vinik or the planetall/junglee guys doing it. Everyone knows Yahoo will beat "estimates" tomorrow, and I'm sure Amazon will be pulled along for the ride. But does Vinik have any interest to stay in the stock after that? Does he really think it can keep going up forever while the rest of the market crashes around him? My personal opinion is that he's going to start moving on thursday, perhaps even as early as tomorrow afternoon if there is a big runup in Yahoo and AMZN. But there's no way in hell he's going to wait until Amazon itself releases their earnings. No chance whatsoever.

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