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

To: Oeconomicus who wrote (4317)5/14/1998 12:05:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Hi Bob, Thanks for the light-hearted comment; it's nice that you can afford to make them.

For Amzn, such a high caliber/profile stock; price wise, the trading goes like this currently:

Bid: 93 3/8, ask 94..Volume 447,190, Hi 94 5/8, lo 91..
Divided volume 447,190 by 2.5 (refer to Glenn R.), the true volume is around 150K shares. But obviously the MM just try to make spread profit. Who is cummulating/buying this stock for L-T investment???

Jan



To: Oeconomicus who wrote (4317)5/14/1998 12:07:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Funny, my problem is that my stomach is too large and I'm too stubborn. Had I spent the
last six months dieting and working out instead of shorting 'net stocks, I'd be both
healthier and wealthier.

We have the same problem.

Glenn


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