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To: OtherChap who wrote (14279)10/4/1998 11:07:00 PM
From: Glenn D. Rudolph  Respond to of 27307
 

Then all of a sudden, Amazon quietly files an S-8 showing the insiders of Junglee and
Planetall have decided to dump 3 million shares VERY SOON, if not that same day. And
lo and behold, Bear Stearns comes out with a "strong buy" on Amazon's stock, giving it
the same target as Yahoo- but unlike Yahoo they don't even attempt to explain why they
did it.

If I were the junglee/planetall folks, I would pick the brokerage that promised to hype
the stock the most as the one to do the "dumping."

OC,

It still is speculation. I was wondering if the filing stipulated the brokerage house.

Glenn



To: OtherChap who wrote (14279)10/4/1998 11:08:00 PM
From: Frank Z  Respond to of 27307
 
OC,

Your reasoning does have some points. But next time please indicate such reasoning is your own opinion



To: OtherChap who wrote (14279)10/5/1998 12:04:00 AM
From: Bill Harmond  Read Replies (2) | Respond to of 27307
 
I don't object to your opinions, but you said it was a fact that Bear Stearns had been assigned the trades. That is misleading. You're speculating. People see "fact" and take it as such.

The fact is that those shares are owned by a diverse list of individuals who who have business relationships with different firms. My guess is that they will do business (when and if they decide to sell) with firms they already do business with.


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