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


To: Rob S. who wrote (25203)11/9/1998 2:33:00 PM
From: H James Morris  Respond to of 164684
 
Rs< there is a chance that this stock will go into free fall again.>
As said before. Probably not until 2nd qtr 99.



To: Rob S. who wrote (25203)11/9/1998 5:37:00 PM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
Rob S.,

I am watching $130 before I *really* go short aggressively.
(Looking for another failed attempt to close above 130)
I agree with you that AMZN is now looking weak.
However, brokers still don't seem to have AMZN to short!
Not a good sign.

--Olu E.



To: Rob S. who wrote (25203)11/9/1998 8:17:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Rob, my current Amzn position:

1. 500 short shares, will hold(for a longgg time) and day-trade.
2. one Nov 110 short-call with $18 premium.
3. Two Dec 120 short-call with $20 premium each.
4. bought 150 shares today at $121. (Bought them to hedge the short-calls, but may sell/trade tomorrow)

Ty.



To: Rob S. who wrote (25203)11/9/1998 11:16:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
ONSALE and SOFTBANK Launch Online Business-to-Business Auction Service in
Japan; New Web Site Is Japan's First Internet Wholesale Auction Service

TOKYO--(BUSINESS WIRE)--Nov. 9, 1998--ONSALE JAPAN K.K., a joint venture
of ONSALE(R), Inc. (Nasdaq:ONSL) and SOFTBANK Corp. (TSE:9984) today announced
the successful launch of SOFTBANK Internet Auction, an auction web site that
targets the Japanese business-to-business markets. Over 5,000 products were
featured in the first auction cycle, which closed on November 4.

ONSALE is providing the technology, technical support and expertise
related to the management and operation of online auctions, and SOFTBANK is
providing management, personnel and its knowledge of the Japanese marketplace.
The auction initially features PCs and PC-related products, including CPUs,
peripherals and networking products.

"We are pleased with the speed with which we brought this auction site to
the market," said Jerry Kaplan, ONSALE's chief executive officer. "SOFTBANK
has put together a great team for this project, and has demonstrated its
ability to make joint ventures of this nature successful, including Yahoo
Japan Corporation and GeoCities Japan Corporation, two of the highest traffic
sites in Japan."

ONSALE JAPAN K.K. anticipates launching an auction site accessible by
consumers in the spring of 1999 featuring PC-related products, consumer
electronics, sporting goods and more.

About ONSALE

ONSALE (Nasdaq:ONSL) is a leading electronic retailer pioneering an
efficient and entertaining new distribution channel - the interactive online
auction. The company specializes in selling value-oriented merchandise and
services, including personal computers, consumer electronics, housewares,
sports and fitness equipment, vacation and travel, and specialty foods over
the Internet. ONSALE is located on the World Wide Web at www.onsale.com.

ONSALE is a registered trademark and Auction Supersite is a trademark of
ONSALE, Inc. All other companies and brand names mentioned are trademarks or
registered trademarks of their respective holders.

This press release contains forward looking statements regarding ONSALE
which involve certain risks and uncertainties. Factors that could cause the
company's results to differ materially from management's projections,
estimates and expectations include, but are not limited to: uncertainties
relating to the development of the Internet in Japan; acceptance of electronic
commerce and particularly online auctions in Japan; the ability of the two
partners to successfully adapt ONSALE's software and systems to the Japanese
language and culture; the costs associated with startup of ONSALE Japan K.K.,
establishing its site on the Internet, and attracting an audience of
customers; the availability of additional capital from the partners or other
sources if required; the ability to secure merchandise suitable for auction in
Japan; dependence on the Internet; uncertain acceptance of the ONSALE brand in
Japan; and reliance on automated technology. These risks and uncertainties are
in addition to risks and uncertainties described in more detail in ONSALE's
1997 Annual Report on Form 10-K under "Risk Factors."

CONTACT:

ONSALE, Inc.

Stefanie Elkins, 650/470-2448

selkins@onsale.com

or

Brian K. Fawkes, 650/470-2713

bfawkes@onsale.com