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


To: OtherChap who wrote (24718)11/6/1998 12:02:00 PM
From: Jan Crawley  Respond to of 164684
 
SHRIRAM KAVITARK R AF 11/05/98 25,000 MORGAN STANLEY
*BEZOS JEFFREY P CE 11/05/98 180,000 SALOMON SMITH
*GUPTA ASHISH SH 11/05/98 15,000 BT ALEX
*ALBERG TOM A D 11/03/98 10,000 CITICORP NORTH


Thanks for the info!!



To: OtherChap who wrote (24718)11/6/1998 12:03:00 PM
From: e. boolean  Read Replies (1) | Respond to of 164684
 
Good detective work, OC.

What's with the Salomon connection, I wonder? Who covers the Thing from there?

And how long before this information shows up in the usual places?

e.b.



To: OtherChap who wrote (24718)11/7/1998 9:05:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Nothing but downhill from here. The biz rags are going to be all over this like a cheap
suit this weekend, and the "elephants" have nothing further to gain from this charade.
Vinik may be a sleazebag, but he's a smart sleazebag and he knows when it is time to
leave a party through the back door.


OC,

I was really busy at work doing retail at a profit. I know it is something that Amazon does not do<G> Anyhow, I could not watch trading as closely as I would have liked, but there clearly were shares coming into the float on every upmove. It appears those "stretegic acquisitions" are going to be very costly in the long run. There appeared to be lots of small retail buyers taking 100 shares lots from much larger sellers. We are going to have some very unhappy retail buyers in six months or so.

Glenn