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

To: H James Morris who wrote (14260)8/21/1998 12:31:00 PM
From: Bill Harmond  Respond to of 164684
 
>>I think that they just started today to show up.

Do you think today's light volume reflects the beginning of institutional selling?



To: H James Morris who wrote (14260)8/21/1998 12:54:00 PM
From: e. boolean  Read Replies (2) | Respond to of 164684
 
Meanwhile GCTY is on lifesupport at the low of its 9 day public trading history.

What happens to an issue that falls below its IPO price during the first month? Does the underwriter take a hit?

e.b.



To: H James Morris who wrote (14260)8/21/1998 1:14:00 PM
From: Jan Crawley  Respond to of 164684
 
Thanks James.

I hope(?) that the controllers own Amzn as well as many other MO I-stocks and are counting their cash reserves and margin call balances..

The other side of this equation - the hedge funds shorting Amzn are in stronger positions; Wow, they will not be the buyers now!!

Hope all the big call buyers get their shares assignments @130 and have a very nice weekend!


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