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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (5699)1/8/1999 9:04:00 AM
From: LastShadow  Read Replies (1) of 43080
 
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08:37 ET Amazon.com (AMZN) 158 7/8: Online retailer announced that it has obtained distribution facility in Fernley, Nevada that will reduce standard shipping times to key markets in the western United States by a full day. AMZN indicated 11 pts higher in pre-market. (Press Release)

..."Fernley, Nevada" - lets see, AMZN goes up 11 points on this news - with that kind of change, they could buy most of Nevada now (except the Casinos and Ski Resorts...

08:35 ET Scientific-Atlanta (SFA) 23 15/16: Cable equipment manufacturer expects to "significantly" exceed analysts fiscal Q2 estimates; cites higher than anticipated domestic sales of Explorer 2000 interactive digital set-tops. SFA shares rose more
than 3 pts in 3rd-market trading.
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