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

To: Jan Crawley who wrote (13368)	8/12/1998 3:11:00 PM
From: Marconi	Read Replies (1) \| Respond to of 164684

Hello Jan Crawley and others: I am looking at CBOE quotes at cboe.pcquote.com and see about 1000 contracts, 72 traded today. If you thought the stock is going higher, each contract is for 100 shares, one would buy 1 contract per hundred shares. The cost is commissions plus the price times 100. If you thought AMZN was going lower between now and expiration 8-22-98, one could sell the contract--with exposure to loss if it goes higher. I would have expected 1 to 3 points premium for this contract. Best regards, m

To: Jan Crawley who wrote (13368)	8/12/1998 5:25:00 PM
From: zax	Read Replies (3) \| Respond to of 164684

How bad will AMZN's crash be, when it comes? Zaxbowow suggests to you folks, that then the controllers decide its time to crash a party, they do so in one big way. Take our tabby named CheckFree, with whom the controllers decided today, that sufficient investor fleecing had been performed. Why is Zaxbowow suggesting that this CKFR is feline? Because like all cats thrown out of a high-rise window, there is ALWAYS a nice dead cat bounce. Yes, my dears, Zax remembers only a few short quarters ago when the name internet commerce, was not associated with AMZN, but was associated with a company named CKFR... Please, read on :) NEW YORK, Aug 12 (Reuters) - Shares of CheckFree Holdings Corp. tumbled on Wednesday after the electronic bill payment company said it expected to report a loss in its first quarter while Wall Street was forecasting a profit. The stock lost nearly half its value, sliding 10-1/2 to 13-1/4 in active trade, as CheckFree also lowered 1999 revenue projections because of fewer estimated new customers subscribing to personal computer banking, analysts said. "It is going to take at least a year for the situation to turn around (at CheckFree)," Karl Keirstead, an analyst at Lehman Brothers said. "The company is guiding 1999 revenue estimates down, with lowered projections with respect to the number of new customers." CheckFree, a large player in the electronic commerce realm, said on Tuesday it expects to report a first quarter loss of $0.04 to $0.06 a share for the first quarter ended September 1998 compared to Wall Street forecasts for a profit of $0.03 a share for the period. CheckFree Chief Executive Pete Kight also said in a statement that the company's new fiscal 1999 plans call for revenues of $245 million to $250 million and earnings of $0.12-$0.16 a share. CheckFree previously expected $265 million to $270 million in revenues and earnings of $0.32 a share. It now plans for subscriber growth of about four percent in the first quarter, five percent in the second quarter and about six percent per quarter for the second half of the year, compared to previous estimates of eight percent sequential quarterly subscriber growth in the first two quarters of 1999. CheckFree is a back-end electronic commerce processor for the large U.S. banks, so must rely on the banks to lure new personal computer banking customers, Lehman's Keirstead said. But the banks are not marketing much in this area right now because they are consolidating, trying to switch bank technology platforms to the Internet and preparing internal computer systems for the millennium, he said. "Unlike other electronic commerce companies, CheckFree has virtually no control over end user demand and the rate at which new customers are signed up," Keirstead said, adding that Lehman Brothers was maintaining its estimates and outperform rating on the stock pending talks with management. Bankers Trust Alex. Brown lowered its rating on shares of CheckFree to buy from strong buy.