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


To: OtherChap who wrote (20000)10/5/1998 8:52:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
I just wanted to comment on a comment I heard on CNBN while eating breakfast. It was stated that Morgan Stanley (we heard of them) downgraded HP due to the fact that fourth quarter earnings could be uncertain. Morgan Stanley stated that investors were unlikely to buy a company with uncertain earnings. Nothing was mentioned about the "thing." Apparently, investors will pay up big time for the "thing" and I suppose the reason is earnings are not uncertain. I must say I almost choked.

Glenn



To: OtherChap who wrote (20000)10/5/1998 8:54:00 AM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
RTQ 107 1/2 on the ask

Also, futures down 13.40.

Payback time. :)

I've got to say, trading this stock is a major pain. If I were to daytrade this thing, I could probably increase the value of my puts even on days the stock goes up- since it always swings 10 points every day.. The only problem is, what happens if I sell my puts for a daytrade RIGHT BEFORE amzn is halted for the earnings warning???

I think if Glenn or I miss that upcoming "50 point gap down" we'd both have a heart attack. :)