Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.10

+2.5%

3:59 PM EST

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To: Doug Robinson who wrote (47579)	3/27/1999 8:33:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Doug, >> The late sell off was typical of most stocks with no one wanting to hold anything over this weekend. << I accept all that you say, but when they bought amzn at 147 throughout the first hour, didn't they know it was Friday. Surely it didn't take until 1:00 PM to realize that. I think the answer is something different. Which is the early excitement was regarding Amazon's entry into the auction business. And the selloff was a disappointed response to that news/rumor. What we don't know is this. Are traders disappointed that Amazon's announcement will be delayed a week ? Or do they disapprove of the idea of Amazon competing with ebay ? The answer to that is worth few $ million, at least.

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