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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.91-0.8%12:04 PM EST

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To: Gary Walker who wrote (30380)12/17/1998 7:34:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
I only wish there were options traded on whether or not Bezos will announce a big "shop the web" deal tomorrow morning. I suppose the reason there isnt such an option is because Bezos has _never_ and I repeat _never_ refrained from issuing a hype press release the day after his stock has dropped any significant amount. It dropped 12 points today, and that is plenty to trigger his PR machine. Their job is to keep momentum going, no matter what, and I don't doubt they will come through tomorrow with a glowing press release announcing that Amazon is quickly moving into an e-portal biz model. You can bet the farm on that.

I will buy more puts as the early morning spike tomorrow dies down.

There will be a hype press release tomorrow, of this you can be 100% certain. With the 50 dollar price target fiasco today and the accompanying 12 dollar drop, it is inevitable.

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