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


To: MSPutnam who wrote (17489)9/17/1998 4:39:00 PM
From: Jay8088  Respond to of 164684
 
Wow.... the 15 minutes delay in quotes!



To: MSPutnam who wrote (17489)9/17/1998 5:34:00 PM
From: Rob S.  Respond to of 164684
 
Maybe after the run up from the DLJ circus sideshow yesterday investors might have shaken off the immediate glow of the grand pitches designed and thought ". . . gee, the glitz and glamor of these internet plays is just too much, when will they start to live up to all the hype?"

I wish I had just set some buys and sells based on all this volatility and trusted fate to jockey the stock around.



To: MSPutnam who wrote (17489)9/17/1998 5:36:00 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
Same causation as yesterday's run up. Nothing in the news or business fundamentals and nothing in the trading practices of the market makers that we can prove. Stuff happens?



To: MSPutnam who wrote (17489)9/17/1998 5:50:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
>Both YHOO and AMZN abruptly started dropping at exactly 3:46

Because both stocks were being artificially supported by the market makers, and they know there are a lot of small-fry retail investors who don't have real time quotes. By the time they saw the collapse in Amazon, the market had closed. Borderline criminal activity, but that's how the market works.

There's a reason I pay 150 bucks a month for Signal Online. :)

And btw folks, don't worry- I didnt really sell my puts and go long. Just wanted to see if I still had the magic touch. I think I'm batting 4 for 4 right now. :)