Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: mrc who wrote (30423)	12/18/1998 9:45:00 AM
From: KeepItSimple	Read Replies (1) of 164684

Today's price action will be completely erratic- I believe this stock has gained a life of its own to such an extreme that even if the Nasdaq were to announce the stock were being delisted on Monday morning, it would still climb 20-30 points because most retail investors wouldn't understand what was happening. Many people on the Yahoo message boards would post "Does this mean the company is going to be private because that would be more profitable for the shareholders? Who do I contact to buy more? My broker says they can't even buy shares anymore!" In any case, made a nice profit on my December puts and I think this story will explode on itself long before my Jan's expire. Should be interesting! I spoke with some friends last night who've been in the biz for 25 years, and two of the three fellows agreed that this stock is utterly unique in the history of wall street. All three said they expected it to collapse suddenly and sharply in the very near future. :) Good luck to all!

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