Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.21

-1.1%

10:30 AM EST

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To: tonyt who wrote (33811)	1/9/1999 12:30:00 PM
From: IceShark	Read Replies (1) of 164684

Is this front-running. Nope. Front-running (for which you can get in legal trouble) is seeing a customer's order coming in and you decide to stick an order in before it, to take advantage of the subsequent price move. Very few people have gotten in trouble, even for this, and usually all they get slapped with is disgorging the profits and maybe a small fine. Publicaly saying a stock is a great hot buy while you quietly unload is merely SOP for brokerage houses. Although Jeff Vinick got in hot water for such a stunt over at Fidelity regarding MU. He must have pissed off someone of importance to have been thrown in the soup but I don't believe anything ended up happening. Regards, Ice

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