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

To: Rob S. who wrote (22218)	10/19/1998 12:55:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164684

> It's starting to look like another opportunity to go short. Be careful. Amazon WILL announce a 2:1 split with their quarterly numbers, of this you can be sure. They have to give some good news to investors along with the bad. Anyone who doesnt think they will split is just kidding themselves. Dont buy any way-out of the money puts, they will become worthless when split. I'm looking for today's squeeze to continue- since volume is so low, the only way to generate enough volume for the junglee/vinik/meeker gang to sell into is to SQUEEZE the volume out of the shorts by forcing them all to cover.

To: Rob S. who wrote (22218)	10/19/1998 12:55:00 PM
From: Jay8088	Read Replies (2) \| Respond to of 164684

I tend to agree. Although I am no longer sure how low this would fall given better tone of the overall market. I tend to think AMZN is just testing its neckline on hourly H&S pattern. iqc.com And not breaking it to the upside - so far. It could fall (pretty sharply) from here.