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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Jan Crawley who wrote (56869)	5/15/1999 11:43:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Jan, >> pending to BTC @111 and to sell the long 100 shares @151 for next week. The best players on this thread were buying amzn at 132 yesterday. That is puzzling because the Fed meeting next week creates uncertainty and that is usually bad for net stock prices. Plus the fact amzn did not bounce strongly from 131 is also negative. The one positive thing for amzn was all the large block buying. But it still was not enough to give amzn a boost. Contrast this with yhoo. The small lots were buying all day and all week. What do they know that the big funds don't ? I think they are hoping for a split, and if they don't get it, yhoo will meet amzn at 130's or lower.

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