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


To: Glenn D. Rudolph who wrote (123465)4/10/2001 9:21:33 PM
From: The Reaper  Read Replies (1) | Respond to of 164685
 
Glenn, we are forgetting an important point. We decided that AMZN needed to raise cash by Q3 2000 to stay viable. What we may be witnessing is the first of a barrage of news releases to get the stock up to a point where they can raise some $. Beat estimates here...sign partnership there..pretty soon we've got $20/share and a 40 million share secondary. As long as the fed is acommodative, the shorts here may be in for some pain due solely to Bezos' wizardry at playing the Wall St. game. I thought I had this thing wired down to $4/share or so and I even short more at $11, $12, and $13.44 today, but I think that I'm going to let this dog go on by itself until I see what's up Bezos' sleeve. Damn!

kirby