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


To: Sandman who wrote (97270)3/23/2000 3:12:00 PM
From: gladman  Read Replies (1) | Respond to of 164684
 
Thanks for the feedback, i'm close to this one...

FDRY IPO'd @12.50 and has split, insiders are now sitting on shares @6.25 with current price between 155-160 i'm betting the market can't absorb the shares without a temporary dip, institutions will play into this and accumulate, I don't anticipate institutions taking positions aggressively IMO.

You wouldn't believe how many low level techies are holding 10-15,000 share allotments and are salivating to sell, sell, sell!!!!!