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

To: the Druid who wrote (962)	12/11/1997 3:05:00 PM
From: Don Westermeyer	Respond to of 164684

Bang! Up $4! I was wondering if this would happen if the market rebounded. Curse those evil MMs!

To: the Druid who wrote (962)	12/11/1997 3:06:00 PM
From: Candle stick	Read Replies (2) \| Respond to of 164684

Now THAT'S what I call an orchetrated short squeeze! Up from 53 to 58 in 3 minutes.......not much volume at all...what a great racket this company is, huh? 5 points in a collapsing market with no news. I guess investors suddenly realized how undervalued this company really is...............?????????

To: the Druid who wrote (962)	12/11/1997 3:07:00 PM
From: Oeconomicus	Read Replies (3) \| Respond to of 164684

Druid & Don, like riding a seesaw? Noticed that on that spurt to $54.75 a little while ago, the spread went to almost a full point. Looked like a 10m share trade that pushed it up. Then it returns to basically unchanged and the spread is 1/4. Are they punishing new longs or shorts who are covering? Either way, buyers are screwed. Bob PS: Gee, can't look away for a second. Gotta get a broker with free real-time quotes.

To: the Druid who wrote (962)	12/11/1997 3:08:00 PM
From: Candle stick	Respond to of 164684

Ok I get it , a 50,000 share block was crossed at 56 1/4...the MM just jerked it up there to cross that block...........

To: the Druid who wrote (962)	12/11/1997 4:40:00 PM
From: Andreas Helke	Read Replies (1) \| Respond to of 164684

If those Amazon shareholders would not be that tough they would not be shareholders of such a crazy stock. I have a long term price target of $20 for Amazon. I don't really expect that we will get to this price in halfways normal market conditions. But I don't see any reason to get scared by further upward movement of Amazon stock either. I shorted Amazon at the end of october when I decided that Amazon was a safer long term short than the SPY and Dell shorts that I had during gray monday. Andreas