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

To: rob108 who wrote (74423)	8/18/1999 11:54:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

>what about EBAY with a PE of 11775.. I thought these pigs would go out with a slow rise to pre-mania levels, but it looks like Blodgett is making it happen in one day. I think we can safely call today the high water mark. These stocks do NOT have small floats that make these kind of moves possible like they used to. Look at the distribution going on... All morning, huge blocks going through at the bid.. Almost none at the ask. Check out the options activity, people began dumping their friday expiration contracts instantly in lots of 100 this morning. Pump and dump. Absolutely amazing. I would love to know how much money ML made off of blodgett's call. No wonder they pay him the big bucks! Who needs earnings when all you need is one very loud prophet! That guys call added at least 10 billion in market cap to these stocks, INSTANTLY.