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


To: Glenn D. Rudolph who wrote (21908)10/16/1998 12:12:00 PM
From: OtherChap  Respond to of 164684
 
Those 25k share blocks were traded at the bid, according to my screen.

Sells, not buys.

Folks, this is so fucked up that I can only assume one of two things.

A) Amazon is the greatest company since Bre-X or Presstek
B) Todays market action is being utterly manipulated because the
brokerages pimping this dog know that the 2-3 million shares
for sale today would destroy the stock if they don't support it.



To: Glenn D. Rudolph who wrote (21908)10/16/1998 12:15:00 PM
From: IceShark  Read Replies (1) | Respond to of 164684
 
Glenn, The only thing I can figure out is the MMs were buying to square their short positions, in preparation for another run? I don't know what else makes any sense. Maybe they stopped on that idea when they noticed the market was looking like it would decline? I don't know.

Regards, IS



To: Glenn D. Rudolph who wrote (21908)10/16/1998 12:21:00 PM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
Glen,

Your 'friend' Mary Meeker honored by Institutional Investor for her Internet Stock picking prowess!

--Olu E.
(http://cbs.marketwatch.com/archive/19981016/news/current/ii.htx?source=blq/yhoo&dist=yhoo)