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

To: Mark Fowler who wrote (68642)	7/21/1999 7:08:00 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 164684

I don't see any reason for this split... did we dispel the myth (or fact) that Amzn needed to keep the share price up to avoid interest payments.... or has everything already been converted.... I'm a little buried today I think we are seeing seasonal weakness across the board in the net stocks and I doubt ebay will be any better, what are your expectations?

To: Mark Fowler who wrote (68642)	7/21/1999 7:34:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 164684

Mark, I'm short by way of naked calls sold on AMZN and some of other the internet stocks and have been selling naked calls since April. IMO the AMZN split is a way to try and please the investor, but I believe it will back fire big time. Sure we may get a bounce due to the split and I hope we do for I will sell into the rallies even more naked calls. Take a look at what DELL did this spring when it reported their less than good earnings, they announced a split and the stock went down and still has not fully recovered. There is an art to managing a company and also an art to managing a stock of a company. The two best companies IMO that do both very well are MSFT, and WMT. Also no one has hardly mentioned the whisper number for AMZN which was suppose to be (-.41) cents, so IMO they were off big time with the whisper number. I guess it is hard to think in terms of a whisper number being less when it is a negative. My prediction is we will see AMZN trade below $100 or $50 after the split. I'm glad you are happy now, but be very very careful and do not let the split take you. Hank