Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

3:59 PM EST

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To: Jan Crawley who wrote (40306)	2/16/1999 12:35:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

Jan, <If we have a 2.p.m. day-traders surge,> Did you see what happened in the last 5 min in amzn? The stock was at 102 for a long time. A 16K shares order buying came along. The very clever daytraders thought to themselves Aha! big elephants are coming to buy. They took the stock to 104. The 16K guy probably sold to them. No large blocks came to buy. the stock is now at 102. Do the daytraders feel the elephant took advantage of them? I think so. Will they fall for it again ? I think so. probably five minutes from now. I don't think the surge will be very high. -Sarmad

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