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


To: re3 who wrote (67798)7/15/1999 1:18:00 PM
From: KeepItSimple  Read Replies (4) | Respond to of 164684
 
I'm long AMZN, and have been for the last two days. I fully except Bezos and his marketmaker buddies to run this stock to 156 and keep it there for 30 days. The impact that 28-30 million interest payment would have on their "earnings" number would be enormous.

There is simply no possibility that AMZN will not trade above 156 within the next 2 weeks. And it will stay there.

Even though this company is doomed to utter collapse in the long term, I will NOT bet against the abilities of Nasdaq dealers to move this stock where they want it.



To: re3 who wrote (67798)7/15/1999 1:23:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Glenn i sold an aol put , the aug 120...guess i'm in the family of owning overpriced
overbloated internet stocks...oh yes and i have @home too...now i can become a two time
loser in the casino where everyone else has made millions...


Howard,

I believe you made a wise choice. It seems you were smart in picking the two that count one of which "must" win.

hopefully kis bought my put...

It has been a bull market. KIS will lie and claim to have been long all this time. I know the way he lies.

I know I will come to a post of that type. He has never let me down yet;-)