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

To: snoman who wrote (8643)	7/3/1998 12:09:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Snoman<What is this Amazon magic I am missing?> Wall Street is saying that B&N is just a book and cd/tape seller. Amzn (Mr Berzos) will be the Internet Commerce 'Mother of all Mothers'.

To: snoman who wrote (8643)	7/3/1998 1:55:00 AM
From: mchip	Read Replies (1) \| Respond to of 164684

One difference.. some of the books on B&N I've looked at are less expensive.

To: snoman who wrote (8643)	7/3/1998 9:35:00 AM
From: Mike M	Read Replies (2) \| Respond to of 164684

<<What is this Amazon magic I am missing?>> Snoman- This is market manipulation plain and simple....The float is tiny, the shorts are being squeezed and the big boys are holding firm....When a stock is rising like this even neutral news is good news.....i.e. A stock split is not really positive or negative....IOM's last split, for instance, was murder....The internet splits will have a delirious short term effect..... I think Morgan Stanley has written a new chapter in the text book on manipulation and may have to defend themselves when this balloon pops.... Mike

To: snoman who wrote (8643)	7/3/1998 12:57:00 PM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 164684

What is this Amazon magic I am missing? That's the joke. There is no magic in Amazon.com. There are only a group of momentum players who have taken control of the float. In a falling tech market yesterday, AMZN traded more shares than MSFT and CSCO, and went up another 10 pts, adding to the 14 it went up the day before. Is AMZN a more important company than MSFT or CSCO? Because they have a bunch of Sun servers and a warehouse full of books? Is that really worth $6.6 billion? NOT.