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

To: Gary Korn who wrote (3948)	5/5/1998 1:27:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Amzn, today responded by telling Wall Street, that it will give its books away @ almost cost, if that what it takes to get even!

To: Gary Korn who wrote (3948)	5/5/1998 7:10:00 AM
From: Alexander Pavlov	Read Replies (2) \| Respond to of 164684

<< Following is the 200,000 share trade as it occurred today. Can anyone tell if it was a purchase from a MM or a sale to a MM? >> Gary, That looks like buying. That 200K block is a trade between trading company and its customer. And it marks an end of execution of that customer's order. Since this 200K print occurred at a price higher than average price AMZN traded 05/01 & 05/04 it has to be a buy order, for trading companies do not fill orders at a loss. The instant 2 pts jump at 2:00pm on 05/01 could well occur due to beginning of that order execution. Although the very idea of investing in AMZN makes me feel sick, one must consider that fund managers are under pressure to show performance and AMZN given amount of hype and general market insanity could well provide several easy pts for momentum players. Of course my interpretation could be wrong. Thanks for your input to this thread, Alex