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

To: Tom D who wrote (12834)	8/7/1998 6:46:00 PM
From: chucke	Read Replies (3) \| Respond to of 164684

Tom D asks: BTW, from reading this thread this week I thought the stock was supposed to tank today on news of massive insider selling in the window which opened yesterday. Anybody have any explanations about why the long-awaited collapse did not occur? The shorts on this list only WISH insiders would sell, or that MM's will sell, or that retail will sell, or that the SEC will intervene, or whatever else. Trouble is, it never happens.

To: Tom D who wrote (12834)	8/7/1998 7:00:00 PM
From: Bill Harmond	Respond to of 164684

>>AMZN is going to lose huge amounts of money as it wages a war of attrition against its competition. That's right. Just like AOL did against CompuServe.

To: Tom D who wrote (12834)	8/7/1998 7:15:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

TomD<Anybody have any explanations about why the long-awaited collapse did not occur?> Sure Tom, but I'm surprised you asked. You've been around here long enough to know that Amzn will go down only when one or more of the big 6 sells. If you doubled your position, or sold it all off today, the impact on today's stock price would be nothing, zip, nada. You're just a little guy, who's doing well because, you're in a momentum stock that has no fundamentals, other than $120 mil of books sold last qtr, and impressive losses Trust me.

To: Tom D who wrote (12834)	8/7/1998 7:50:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

BTW, from reading this thread this week I thought the stock was supposed to tank today on news of massive insider selling in the window which opened yesterday. Anybody have any explanations about why the long-awaited collapse did not occur? Tom, The difference between this selling window and the previous windows is that: 1. Stock price. Amzn was under $40 during last window, and much lower in the previous window. 2. 450,000 shares form B&T are registered to sell. 3. Employees options, management options, acquisitions...you name it, they are all there... We are watching the sellers, we are watching the float controllers, we are counting the short interests, we are figuring out who is and will be doing the shorting whenever stock surges... By now we can tell, Amzn goes up, Amzn comes down...the same elements and variables. Best wishes, Jan