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


To: fut_trade who wrote (1637)2/20/1998 9:50:00 AM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Yogho!? ROTFL! Or should I say Awful! name.

Anyway, so you think you are the only one taking profits here? Or should I say, shooting the rapids, but being bright enough to portage around the falls?

As for the institutional data, I'd bet the period is 10/1 to 12/31 and that would be consistent with the "year end window dressing" theory. BTW, if the period is beginning 10/1 and the institutions are so smart, then it appears that they all missed the run from 25 to 57 in August and September. The heaviest buying appears to have been late October, above 50. What a herd! Let's stampede over a cliff.

Bob

PS: Congrats on your profit and I commend you on having the sense to take it.



To: fut_trade who wrote (1637)2/25/1998 8:48:00 AM
From: fut_trade  Read Replies (2) | Respond to of 164684
 
Internet bookseller Amazon.com plans to tap music business
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I think this caused the pop yesterday -- I know, I know, it came out after the bell -- but who really knows when the big guys get to read it! We'll see how AMZN reacts today -- sell on the news???
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By Sue Zeidler

LOS ANGELES, Feb 24 (Reuters) - Amazon.com Inc., the largest seller of books on the Internet, said on Tuesday it is planning to tap into the growing online music business.

''The company has plans to enter the music business sometime in 1998,'' an Amazon.com Inc. spokeswoman said, adding that no further details were available.

Book sales are a big success for electronic commerce because it is easy for customers to sift through vast amounts of information and quickly place orders.

Seattle-based Amazon.com Inc. (AMZN - news) came out of nowhere about two years ago and developed the first ''virtual bookstore'' without a single retail location, causing a revolution in the retail book industry. In 1997, its revenues jumped more than nine-fold to $147.8 million...

biz.yahoo.com