Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scott Bergquist who wrote (20209)	10/5/1998 8:13:00 PM
From: OtherChap	Respond to of 164684

> But why are the "players" not going to wring out the put buyers> >hold them "under" until expiration..?? Because while Yahoo's good earnings announcement will cause Amazon to rise in the short term, there is nothing they can do about Amazon's OWN actual earnings which will be released later this month. Everyone knows they are horrible. Sure, they'll probably show increased revenue but everything else is falling apart. Margins, cost of sale, massive debt that they have no way to pay off besides offering stock, lowering marketshare (95% to 60% in the last 6 months) and most importantly, Junglee/Planetall insiders have already shown they have no intention of hanging on to their stock, they filed an S-8 friday registering 3 million shares which is basically the equivalent of "I WANT TO SELL THIS STOCK NOW" Vinik is not a dumb guy. He knows when the game is up- and that date is the Amazon earnings release. Until then, this stock could go anywhere- but probably higher. Depends on how quickly and violently the junglee/planetall insiders want out.