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


To: Bill Harmond who wrote (25011)11/7/1998 11:39:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Why not? Have individual investors done all the buying on this leg?

I think the "traders" have done all the buying on this leg(including Cramer). Including all the traders on this thread. By the way, I think that we are 99% traders here.

Name one poster here (except Tom) whom have not "traded"(buy and/or sell) Amzn in the past 4 weeks.



To: Bill Harmond who wrote (25011)11/8/1998 8:33:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
>>However, they will not add to their holdings at >$100 price level and therefore they
will not be the principle buyers of the new shares.

Why not? Have individual investors done all the buying on this leg?


William,

I believe they have and did drive the price up. That stopped as soon as insiders could sell and now we have the slow decent. No one large was selling prior to that.

Glenn