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


To: PblcSrvnt who wrote (10214)7/13/1998 9:20:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
If there is a market maker out there listening, would you kindly
chime in with an explanation of the top three favorite methods of stock manipulation and
just where the weakness in our market system lies such that illogical events such as this
are allowed to happen.


PblcSrvnt ,

I would love to talk to a market maker in this stock about todays action too. I am baffled. Your points are very well take. AMZN was not alone in this reversal. YHOO, XCIT, etc. all did this.

I posted earlier on the 350,000 shares registered for sale by Baker and
Taylor: www2.techstocks.com
Would appreciate your thoughts on my query.


Baker and Taylor were given a certain number of shares for their database or at lease the use of their database. Your dollar amount calculation is correct I wonder if AMZN management ever anticipated the stock being this high and for that matter Baker and Taylor. I could find nothing in any SEC filings that would permit AMZN to use shares to pay for books but I did not go back to 1997 filings.

Glenn



To: PblcSrvnt who wrote (10214)7/14/1998 4:22:00 AM
From: Michel Bera  Read Replies (2) | Respond to of 164684
 
PblcSvrnt,

Almost all text books on the subject hammer down almost every page : "never fight the tape". When they are so many "bad news" and stock price still reverses up, something is happening that may be tough on one's position : at least it may be recommended to stay out.

The only other way to make money on the market seems to be buy and keep after a strong personal understanding of company's dynamic. Tape may go up and down, but those "heritage" stocks (Ibexx copyright) have a strong long term positive trend. But waiting is also very stressful.

I personally believe that AMZN is building something strong in the long term.

Just my two cents,

Regards,

MiB