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

To: slipnsip who wrote (7433)	6/24/1998 3:46:00 PM
From: UFGator93	Respond to of 164684

I think down. I feel a lot better being short for tomorrow's open than long.

To: slipnsip who wrote (7433)	6/24/1998 3:46:00 PM
From: trouthead	Read Replies (1) \| Respond to of 164684

5 up. What kind of balls would it take to buy a thou shares at 100 and ride it up to 125? Would take cajones big enough to fit in the warehouse for the biggest bookstore on earth. Not for me squeaked the mouse. Ouch. jb

To: slipnsip who wrote (7433)	6/24/1998 3:47:00 PM
From: tonyt	Respond to of 164684

>I dont think the MM's have much to do with it... They are as scared as all of us are. Scared? Why??? There is no shortage of buyers or sellers. The MM's are cleaning up. 10MM shares at a 1/16th spread = 625k for 1 days work!

To: slipnsip who wrote (7433)	6/25/1998 11:38:00 AM
From: Father E.	Respond to of 164684

I don't do intraday trading. I think this is a very overpriced story. Here is just two scenario of the possible huge downside these guys face. Think of the damage that could be occur here if there servers or the net goes down? Does anyone calculate that in the equation? Also I am sure they are Y2k okay but who says the telephone co and the electrical ompanies are? I have yet to meet anyone that thinks the utilities are Y2K clean. What does it cost amzn if some utilities out there go down a couple of days come 2000? Do the analysts think about that when the forecast growth rates and forward earnings? I could still go to the store or the library and take out a book but amzn will be dead in the water. I don't think there is an educated person in the world that thinks all the utility companies are Y2K OK.