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


To: Bob Duncan who wrote (133363)10/23/2001 6:27:34 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I have a question for you. Despite ALL the points you mention, WHO is buying this POS after hours? Considering it ran up before earnings on the hope of higher revenues (miss), or solid projections for next Q (miss), why is it only around 8.90$ when it was at 9.20$ 10 minutes till 4?



Geezz Bob I thought you would ask me something I might know<G> I admit candidly I do not have a clue. I never understood why anyone ever bought it for fundamental reasons in the first place going way back. I would say that some made a profit shorting it are covering their shorts but I can't even think of a good reason to do that. The conference call was about as boring as they get which may account for little movement ether way. I believe I am the incorrect person to ask about the movement of the stock price. I have never been close to figuring out what drives this stock up or down or in this case, stagnant. I did not look but was the put open interest much higher than typical going into their numbers?