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


To: Glenn D. Rudolph who wrote (22472)10/21/1998 4:19:00 PM
From: OtherChap  Read Replies (6) | Respond to of 164684
 
Glenn, I'd suggest you bail out of your shorts and go long on AMZN. The manipulators _will_ keep this stock above 100 until earnings release day, no matter what. In the average Amazon-lover-newbie who loves stock splits, you need to have the before-split price at 100 or above. It just "feels" better. So Vinik will feed the monkeys and watch them poop.

Notice that no large blocks of any size are trading now? It means that Bezos and Vinik and Mary (MSDW) have hedged their positions and don't give a rats ass which direction the stock goes, and they have found that without any large selling the stock will just levitate on its own without their manipulation.

Trust me, we'll see at least an intra-day high of 150 before the earnings announcement next week. They have a split coming up, and they need to keep the price pumped.

This stock is a scam, but don't let it take your money!



To: Glenn D. Rudolph who wrote (22472)10/21/1998 5:06:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Glenn you left it boxed ... it looks like it could gap up tomorrow.