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

To: Don Westermeyer who wrote (16909)	9/11/1998 3:00:00 PM
From: OtherChap	Read Replies (3) \| Respond to of 164684

The part of interest to AMZN shorts is the section where they discuss target prices for various internut stocks. SmartMoney says $18 for AMZN. You might also notice that AMZN's P/E is around 240, twice that of the second highest flyer- Yahoo. AMZN currently holds the top spot for ridiculously inflated P/E on the entire nasdaq, exluding penny stocks and such.. (well, considering Amazon's stated book value is 79 cents per share, I guess technically it is a penny stock) :)

To: Don Westermeyer who wrote (16909)	9/11/1998 3:15:00 PM
From: OtherChap	Respond to of 164684

Last hour sucker rally. Its almost not even worth the time to look at Amazon's stock price between the hours of 10am and 3pm. One funny thing though, if they jack the price up quickly at the end on no volume it makes the final price appear higher, and then the next day it always gaps down to where it was before.. A good strategy is to wait until the last 5 minutes of each day and buy puts while the MMs are manipulating the price higher.. then dump them the next morning on the gap down.. Wash, rinse, repeat if desired.