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


To: umbro who wrote (10690)7/17/1998 12:07:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Gary,

A quick question;

If we assume that currently the over 1,000 Jul 110, and over 500 July 115 call contracts are all buying...

B/c there is almost no time value involved, why don't they just buy shares instead, if the buying for today is for the keeps??

Or those call buyers are "expecting" a "surge" in the next few hours and a quick day profit?

Ty



To: umbro who wrote (10690)7/17/1998 1:16:00 PM
From: Tenpole  Respond to of 164684
 
Briefing.com targets $230 for Yahoo! in the next couple of months:
If the target being applied to YHOO were used on AMZN, then
AMZN would have an equiv. target of 145


That is interesting as it is right at the recent top. As has been discussed long and hard on this thread, YHOO is a very different beast to AMZN but at the moment there is little discrimination. Try this for a summary of the next few weeks:

thestreet.com

When stocks flew up, the wise ones told us it couldn't last. Now that the sage are saying that..... "the Internet stock sector still feels hot" and "Events with the power to rock the Net stocks in the weeks to come include earnings from key players, upcoming "hot" Internet IPOs and news of ad commitments from big business, which could help to validate the space"......I can't help but feel that the good times are coming to an end. Or maybe I am just having my daily contrarian moment....

T