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


To: IceShark who wrote (14887)8/27/1998 8:52:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
AMZN paid $200 million for a Company, Jungalee, with net equity of $2.6 million and an operating loss for the last six months of $4 million? There was an 8K filed today.

Glenn



To: IceShark who wrote (14887)8/27/1998 9:17:00 PM
From: Rob S.  Respond to of 164684
 
Thanks for the personal slam most wonderful one (remember, we are still on Bizzaro World). I see you have all the right advice for this thread (Ha, ha, ha ; -)!

Hey, this is only my opinion. You have no obligation whatsoever to read my posts let alone put any merit at all in them. The stock traded around 118 1/8 after the close and had downward momentum at the close. IMO, it will likely gap down at the open. If speculators in NZMA decide to do the opposite of what my opinion is, that's more than fine with me.



To: IceShark who wrote (14887)8/28/1998 10:36:00 AM
From: Rob S.  Read Replies (4) | Respond to of 164684
 
Well Iceshark, if anyone took what I said and sold short at the open at, say 119, they would have been "screwed pretty bad" here in Bizzaro World and would have to cover at maybe 113 because of nervousness about losing so much money. Sorry if I misled anyone ; -)

We have already seen 112 on the day and I suspect more weakness toward the close unless the market tries to stage a major rally.