Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.16

+2.1%

Jan 23 9:30 AM EST

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To: Jeff Mizer who wrote (22605)	10/22/1998 11:42:00 AM
From: OtherChap	Read Replies (1) of 164684

Hmm, lesse. My DJIA/Amazon correlation has completely fallen apart today, the dow is down over 50 and amazon is testing 118. Still think I was crazy for going completely long on calls yesterday? The manipulators are in desperation mode, they HAVE to get the price as high as possible today. Earnings will be released tomorrow after the bell, and they need to keep it as high above 100 as possible because the 2:1 split announcement has already been voted on and approved and the press releases written. Tomorrows report will contain glowing statements about vastly increased year over year revenue, and no mention of widening losses. The average newbie investor will eat it up. We will see 150 before monday afternoon. There is no stopping this thing- the keiretsu has most of its power and influence directly tied to the price of this 'thing' and they will use all finanical (and other) resources to make sure the split tomorrow goes well. Lets have a moment of silence for all the November puts that were wiped out today. Next they'll go for the Decembers.

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