Amazon.com, Inc. (AMZN) Message Board

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

AMZN 198.88

-2.5%

3:44 PM EST

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To: Glenn D. Rudolph who wrote (26632)	11/18/1998 9:42:00 AM
From: Rob S.	Read Replies (1) of 164687

Amazon is up 12% in Europe after being up only 10% near the open - if you can trade foreign ADRs, then this looks like an arbitrage situation - the movement in Europe appears to lag the move in the US market for the stock. I haven't tried to adjust for currency fluctuations but doubt that it amounts to over 10%. This shows much less enthusiasm over there than the pandemonium for Internut stocks here, perhaps brought about by familiarity with Bertelsmann and others compared to Amazon.

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