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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: JOHN CHEN who wrote (11844)7/22/1998 12:30:00 AM
From: put2rich  Respond to of 18691
 
How you know of stock split for amzn? Is that a guess or some insider news. Here again I hope/think the effect of stock split is minimal (of course I may be wrong), the market and internet/analysts downgrade is more important. Well one or two more night.
Regards.



To: JOHN CHEN who wrote (11844)7/22/1998 7:02:00 AM
From: Mike M  Read Replies (1) | Respond to of 18691
 
<<AMZN will rise for sure on Wednesday because of a stock split announcement>>

John, stocks fool most of the people most of the time....that is the only thing that is for sure....Splits are only helpful when the bulls are fearless....they add absolutely no value to the stock....We will see...

Your analysis may be correct, but we are in no support land...anything goes for these internet bubbles, but I believe that the exit door is going to be jammed and believe the panic could well start today.....

Babies and the bath water......

Regards,

Mike