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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 241.68-0.6%Jan 29 3:59 PM EST

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To: re3 who wrote (30284)12/17/1998 9:29:00 AM
From: Tradegod  Read Replies (2) of 164685
 
Even though showing 250 offered, stock is trading in the high 260's pre market. There will be 2 interesting aspects this morning. First how many stops will be taken out (one would have to assume that any prudent long put stops in 25 or so points below the high) and second, will a second wave of selling start after the conference call. Interesting that he waited until the market was open for 30 minutes before starting the call! Even the bullish analysts will be hard pressed to take it on at this price. Should be a fascinating day.
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