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


To: GST who wrote (68637)7/21/1999 6:44:00 PM
From: James Thai  Read Replies (1) | Respond to of 164684
 
I think we'll see AMZN +10 at some point tomorrow. To the daytraders, I'm sure a split is much more meaningful than meeting loss or revenue estimates. Bezos is being nice to the traders once again... too bad they didn't announce the split last friday!

James.



To: GST who wrote (68637)7/21/1999 6:51:00 PM
From: Paul Merriwether  Respond to of 164684
 
Its possible. I think the likely scenario is that it will sell off/be volatile for the next few weeks until news of "revenue growth" from all the new sources(toys etc.) starts trickling in. After a while, AMZN at "only" 60-70 will begin to look "cheap". I hate to sound like a conspiracy theorist but there's a lot of money that has a vested interest in AMZN going up some(and staying there for 20/30 days...)