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


To: H James Morris who wrote (5298)6/9/1998 9:03:00 PM
From: Oeconomicus  Respond to of 164684
 
Jim, how can you tell what ML bought? Are you looking at specific block trades that appear to be buys? If so, what part of the day, at what price? And, how do you know they didn't unload much more in smaller trades? Tell us more about what you are looking at. Anyway, that only covers 22 minutes worth of today's volume. Is it really meaningful? The word on CNBC after the close was that their was lots of short covering in 'net stocks today. I'm shocked!;-)

BTW, the average trade today was only 574 shares. It rose from the 530s in the late day, but that still doesn't seem like heavy institutional buying. Lots of one and two thousand share shorts maybe, along with lots of small retail buyers.

Who knows? We'll see if it follows through... we have a half hour of trading in the morning before everyone pauses to listen to Greenspan.

Regards,
Bob

PS: FWIW, CS may have gone a little overboard after the close, but this had gotten to be such a peaceful thread until... Well, let's just note that CS has been here all along and no one was fighting until today.



To: H James Morris who wrote (5298)6/10/1998 12:08:00 AM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Right now they have a lamb to the slaughter, yep, thats us!<<

James, what a racket! Thanks for the info. on Ml's buying. Wounder if they were buying yhoo too. It's up over 8 points. See you at $60.00. Regards.



To: H James Morris who wrote (5298)6/10/1998 8:10:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
The biggest buyer of Amzn today was Merrill/lynch, over 180,000 shares bought.
Right now they have a lamb to the slaughter, yep, thats us!


H,

How do you know this? I am not doubting it but have no idea how one would know this information.

Glenn