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


To: Peter Church who wrote (7374)6/24/1998 1:23:00 PM
From: yard_man  Read Replies (1) | Respond to of 164684
 
Don't you figure they've got to bust 100 now.



To: Peter Church who wrote (7374)6/24/1998 2:50:00 PM
From: F The  Read Replies (1) | Respond to of 164684
 
Hi Peter,

>>The momentum players bought 5 million shares this morning to boost and support the price. They can't pull the plug until they get a chance to sell these off. They need a volume of say 9 million before the close.<<

I just spoke to a small hedge fund rep whom I used to trade with, they are LONG on AMZN. I can't believe that. They are taking advantage of the upside momentum. We really can't fight this, but is it going to be over when it reaches $100.

Felicia