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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (13372)	4/27/1999 9:14:00 AM
From: LastShadow	Read Replies (2) of 43080

08:57 ET Amazon.com (AMZN) 207 3/16: Online retailer announces three all-stock transactions acquisitions with total value of approximately $645 million. AMZN shares trading 8 1/2 points higher in pre-market. (Press Release) That AMZN is 8.5 points higher in premarket strikes me as odd. Usually when someone absorbs another company through stock transactions, that deflates future earnings due to the write offs. Of course, AMZN doesn't have any plans for earnings, so that may be a moot point... lastshadow

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