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


To: umbro who wrote (9318)7/7/1998 10:22:00 PM
From: phbolton  Read Replies (1) | Respond to of 164684
 
The greed/fear ratio still seems to be greater than 1.



To: umbro who wrote (9318)7/7/1998 10:23:00 PM
From: PblcSrvnt  Read Replies (1) | Respond to of 164684
 
What a warped web is woven:
1) Yahoo depends on Amazon for income;
2) Amazon depends on Yahoo for stock price appreciation;
3) Yahoo thus has vested interest in Amazon's stock price because;
4) Amazon can afford to spend more on advertising if sec ofrg is high;
5) Amazon thus spends more on advertising on Yahoo because;
6) Yahoo goes up, Amazon goes up, Yahoo goes up, Amazon goes up...Secondary goes well.
7) Amazon can spend more on advertising;
8) Amazon goes up.
* This doesn't even take into account the vested interest all insiders have in stock price...

Insanity! The earnings report and its documentation should be investigated with an electron microscope if the above results.

MOO,

Lee



To: umbro who wrote (9318)7/7/1998 10:35:00 PM
From: Jan Crawley  Respond to of 164684
 
Gary,

Your post from last night was very helpful,

Message 5111527

I also noticed that the July 130 and 140 calls had large trading volumes yesterday. However, this morning, the OI for both (and others) were down substantially. This suggested that there were far more closures than openings(speculative buying interest).

I sort of have a boxed 100 short shares and the above made easy for me to sell at the open this morning and bought back later.

Plase keep up the observation if you would like to. Ty.



To: umbro who wrote (9318)7/8/1998 5:35:00 AM
From: Tenpole  Respond to of 164684
 
I like the theory. Looking at the chart, yesterdays movement brought it back to the trend line that has established over the last 5 weeks. Mondays move broke it out of the channel and yesterday brought it back in. If the trend is broken to the downside, then we could even see it going to the previous resistance around 100 (6/24 to 6/30) and using it for support. YHOO will make a lot of difference, either way.

T



To: umbro who wrote (9318)7/8/1998 6:48:00 PM
From: umbro  Respond to of 164684
 
Okay, we closed 107 and AMZN is jumping up around 113 in after
hours. Where to next, on the heels of Yahoo!? Assuming the
shorts don't have what it takes to wrestle AMZN down at the
open, I'd say 125 looks like a good upside target, but then
watch out below. Just a theory ...

Tough to call though. Looks like another wide-range day for AMZN.

at 9:52PM EST Jul 7 1998, I wrote:
107 to 114 looks like next stop. ...