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

To: Bill Harmond who wrote (25092)	11/8/1998 7:58:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164684

My prediction for tomorrow: Amazon opens up 1 point, sits there for a while, then goes up 2 or 3 points by 11am. This will be entirely caused by the manipulators attempting to make it appear that Amazon is not threatened at all by the Ingram buyout. It will also allow those same manipulators to take large short positions, most likely through november options. (by bidding it up a bit tomorrow, they'll shake out a few shorts and drive the put prices down) By Nov expiration this stock will be trading around 80 bucks a share. Don't think this can happen? Amazon went from 143 to ~60 in three days two months ago. The secret to manipulating stock prices and profiting handsomely is to GET OUT before the business model is revealed to be fatally flawed. They did this with netscape when it became clear that Netscape was not going to "own" the internet, and the stock collapsed 80% in a week. There are plenty of other low-priced stocks out there with large short positions that are ripe for squeezing. There is no gas left in this turkey. Even AMZN president/ceo Jeff Bezos admits that by selling 23 million dollars of stock last week- his first sale ever. Remember, he was quoted in GQ magazine recently as saying that he would never sell a single share of Amazon. "Oh."

To: Bill Harmond who wrote (25092)	11/8/1998 8:38:00 PM
From: JBL	Read Replies (1) \| Respond to of 164684

William, What is you reaction to the Washington Post article posted by Glen ?

To: Bill Harmond who wrote (25092)	11/8/1998 11:23:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Jan, of all the stocks you can choose from, (from which to choose, Glenn), why (for heaven's sakes) Yahoo? Thanks! Will weight your judgment seriously. My thoughts were: 1. Yhoo has been doing well with a over 55% short-term gain in 3 wks. There will be oppt. for a quick $5 to $10 gain. "200 short shares at $155 level" do not seem to be a high risk move. 2. Fundamentals is not a consideration at all, just profit taking from the Yhoo traders.