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To: IceShark who wrote (22314)10/20/1998 11:26:00 AM
From: RFF  Read Replies (2) | Respond to of 164685
 
Sold my longs at $109 1/2. Seems to be having trouble at $110. But now that I've sold it'll probably blow right through it....

Anyway, at this point, the market is getting pretty extended to the upside. We've moved back into the "All is right with the world and the US is even better" mentality......



To: IceShark who wrote (22314)10/20/1998 11:29:00 AM
From: OtherChap  Read Replies (5) | Respond to of 164685
 
> There will be a push up until earnings and stock split.

Yes, I agree. As long as the manipulators can keep the stock above 100, there will be a 2:1 split. Even though anyone with half a brain will be able to see through the smokescreen of their "earnings" statement, i am sure there will be enough suckers who only see the headlines reading "We lost all this money because we are expanding worldwide"

Also, dont expect any mention of Barnes and Noble/Bertlesman in their report. Bezos slipped that warning into an obscure SEC filing last week, and since that makes it "public" knowledge, he doesn't have to say anything about it again. They will not mention that Bertlesman/B&N are a competitive risk in their earnings report, and they will not mention it in the conference call. (their CCs are invitation only, and you can bet the analysts they invite will not ask questions about it)

You've got to admire Bezos for being a great hedge fund manager. He doesnt have a clue on how to run a profitable business, but he certainly knows how to help manipulate his stock price through the stratosphere.



To: IceShark who wrote (22314)10/20/1998 12:45:00 PM
From: Glenn D. Rudolph  Respond to of 164685
 

Glenn, Get out of the way. There will be a push up until earnings and stock split.


IS,

Thank you for the recommendation. I will be staying short, however. I may box at times for protection. I believe we peaked today.

Glenn