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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (61860)	6/11/1999 1:21:00 AM
From: H James Morris	Respond to of 164684

>>You just have to get in, and out, quickly. I'm sure Mary Meeker could give you a lesson. << Kis, your reminding me of Mark Fowler. In and out quickly?? I used to do that when I was in my late teens. Looking back it probably wasn't fun, for my other.;-((

To: KeepItSimple who wrote (61860)	6/11/1999 1:40:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>> Seattle, June 10 (Bloomberg) -- Amazon.com Inc., the Internet's largest retailer, said it issued 877,657 shares to buy closely held Accept.com Financial Services Corp., which is developing ways to simplify online transactions. The transaction is valued at about $101.7 million, based on Amazon.com's closing price today of 115 15/16. Details of the acquisition were disclosed in an Amazon.com filing with the Securities and Exchange Commission. Accept.com was one of three Internet companies Amazon.com bought in April to further expand its selection of products and services, and attract more customers to its site. Amazon.com also bought Alexa Internet, a free service that helps people navigate the Web, and e-Niche Inc., a seller of rare books and music that does business on the Internet as Exchange.com. Accept.com last year had a loss of $952,118 and no revenue, according to the filing. The company, based in Redwood City, California, is working on ways to eventually simplify business-to- consumer and person-to-person transactions over the Internet. Amazon.com has bought other types of companies whose products can help consumers use the Internet. In August, it agreed to buy closely PlanetAll and Junglee Corp. for about $280 million in stock. PlanetAll is a service that keeps track of people and appointments, while Junglee helps shoppers compare goods and prices sold online. Officials at Seattle-based Amazon.com weren't immediately available for comment. Jun/10/ 99 18:07 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. <<

To: KeepItSimple who wrote (61860)	6/11/1999 8:42:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

The premiums for Jun are only about 5 bucks for at-the-money puts/calls. Besides, I made 15% in 1 hour this afternoon. KIS, Implied volatility for the AMZN options buth puts and calls has dropped to 100. They were about 150 for most of 100 and early 1999. The drop was recent. Most securities have implied volatility of 38 so 100 is still high but as you can tell, much lower than before. Studying options and their implied volatility could help in making a decision on how to play direction. The sexual inuendos of in and out quickly have no place in the stock market. There are pleanty of "adult" sites for that kind of discussion. Glenn PS James, This applies to you too;-)