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


To: Gary Korn who wrote (3548)4/28/1998 11:40:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Hi Gary,

This is just FYI:

Yesterday I bought 100 shares of Amzn for $80 1/2 (using my put as protection); the purchasing transaction was instantaneous. However, this morning, it took me(my on-line service) almost 10 minutes to execute a limit sale order of the 100 shares at $92. It was very strange; and the only reason I can think of is that there is a lack of genuine buying interest.

Jan



To: Gary Korn who wrote (3548)4/28/1998 1:11:00 PM
From: Michel Bera  Respond to of 164684
 
Gary,

Sometimes giants come to get clay feet. IBM, Data General and other Burroughs or Control Data did not see the Vax/Digital revolution.

In this new online business, customer profiles and transaction profiles, and strong brand have a great value.

I switched from EGRP to AMZN fifteen days ago.

Regards,

MiB



To: Gary Korn who wrote (3548)4/28/1998 2:19:00 PM
From: hal jordan  Read Replies (1) | Respond to of 164684
 
>On average this quarter, AMZN has gained $7,900,000 in market cap each and every day (including Saturdays, Sundays and other non-trading days), even while it suffered losses of over $101,000 every day of the week.<

Gary,

Those are amazing statistics and real eye openers. How I wish there were put LEAPS on this stock. It should be one of the better falls in stock market history. As it stands though, it looks like my May 75 puts will expire worthless.

Hal