Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: e. boolean who wrote (7112)	6/23/1998 10:49:00 AM
From: Mike Petriv	Read Replies (1) \| Respond to of 164684

People will wake up soon. The internet stocks have potential from media companies buying-in. BUT AMZN is a retailer and a retailer in a business that is not growing. She'll be down today.

To: e. boolean who wrote (7112)	6/23/1998 12:59:00 PM
From: Tom D	Read Replies (2) \| Respond to of 164684

Insider selling. I appreciate that the mathematics make the recent doubling more than a short squeeze. Nonetheless, I think that we would not be having this run if the float was not so small. My point is that if the insiders were selling in any meaningful way, the float would expand and the share price would plummet. On this thread, bears have made sporadic postings about insider sales, as if they indicate that the share price is going to decline. The most remarkable thing about insider sales is that they have hardly been happening at all. Thats why the shorts are hurting so much. Let's just put to rest this fantasy that there is meaningful selling by insiders. Best Regards, Tom D