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


To: Jan Crawley who wrote (75936)8/31/1999 11:33:00 AM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Bought Priceline @ 67 1/4



To: Jan Crawley who wrote (75936)8/31/1999 11:33:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 

Tom, generally speaking for the retail amateur(that's you and me); our on-line brokers require a "30 days after IPO
date) rule.


Jan,

Are you sure the rule is not 30 trading days?

Glenn



To: Jan Crawley who wrote (75936)8/31/1999 12:50:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
Limpin' lizards! Summertime is nearly over but the stock market is not nearly ready to bust open to the upside, IMO.

Market exuberance is at odds with a reigning in of excess liquidity and the attractiveness of stocks of revived foreign economies. This trend is unlikely to change much for months.

The expectations for an Xmass season revival may turn out to be over-rated but is the best hope for encouraging a mood of song and dance under the Internet revival tents - get out the snake charmers and stock preachers and get ready to roll in the isles.

But before then I hope some more reality sets in and the nets and other high rolling sectors crash - taking AMZN down to at least 70. Post split may help.



To: Jan Crawley who wrote (75936)9/9/1999 8:00:00 AM
From: Boquacious  Read Replies (1) | Respond to of 164684
 
Shorting an IPO is not illegal even though some will go blue in the face saying it is. It can be done. I typically takes three days after the IPO for the brokers to get the shares. If you doubt me--call any broker who uses Pershing as a clearing house.
By SUSAN PULLIAM
Staff Reporter of THE WALL STREET JOURNAL

"To be sure, a short sale on an IPO doesn't necessarily run afoul of regulatory rules. Investors are allowed, for instance, to short IPOs if the broker is able to locate shares to lend through the firm's clearing agent. In many cases, Wall Street firms make shares of a newly minted IPO available for shorting to smaller brokerage houses by buying the shares in the open market and making them available for borrowing to customers in short sales."