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

To: UFGator93 who wrote (14186)	8/20/1998 2:14:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Hi you guys, I think I just figure it out! At strategic/calculated intervals, The big elephants buy a block of call, which signal to all the small call speculators it's squeezing time, Therefore call interests driving the stock price; and in term driving the call price, shorts covering, trading..etc. and the big elephants take call profit.....What a deal... The elephants have probably been appling the above to both Yhoo/Amzn at the same time, depends on the floats... So far, very few Sept. calls....!!!

To: UFGator93 who wrote (14186)	8/20/1998 3:14:00 PM
From: dclapp	Respond to of 164684

...<<The market has the name for this kind of performance -- bubble. well, now that I'm a member and not a long-time lurker...add me to the "bull side" :-) and because I see so many post "who would buy at this price?" and..."the price is all manipulation," let me add that I DID add to my position today...at a bit over $129/share. what the bears fail to see is that bill harmond has, in fact, been right about Amazon and Yahoo both showing very good, consistent strength, in a fairly wild market. personally, I see a lot more intelligence on the bull side and a lot of silly, grotesque, TA-Voodoo-laced arguments on the bear side. simply put, Amazon is an extraordinary company, and the e-commerce leader in the world's fastest growing - and world-changing - industry. I'm a happy customer and I've been a delighted shareholder since about $40/share last year -- and the shorts were just as loud and "short-sighted" then. now all you boys and girls get behind your leader, OtherChap, and just keep marching toward that cliff, okay? :-)