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


To: Bill Harmond who wrote (25929)11/13/1998 2:32:00 PM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
>just because we're seeing the lowest volume day in five months.

William, put it all together. Amazon volume has only been inflated these past five months because of vinik. All the other internet stocks are having big volume today.. So Amazon is singled out.

Amazon volume shot up very shortly (i believe a few days) after Vinik disclosed the Amazon position. The volume has now returned to normal after an incredible runup. Vinik has left the building. The stock price will follow.



To: Bill Harmond who wrote (25929)11/13/1998 2:32:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
William, If we really wanted to know where Vinik is @ with the 'Thing'.
Your Mary would know.
I'm being serious.
Trust me.



To: Bill Harmond who wrote (25929)11/13/1998 2:33:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Think, Glenn. My logic can't determine that Vinick has sold out because we're seeing the
lowest volume day in five months.


William,

I agree with that a lot. I believe we wouls see higher volume.

I am guess and remember strictly guessing that Baker and Taylor are selling some of the shares they filed to sell. I believe they are selling them in 5K lots. It will take awhile at that rate. I am watching level II and the time and sales and someone come in with a 127 sell limit with 5K shares at a regular basis. The volume would pick up but the buyers are not stepping up to the plate. Maybe just taking a breather.

Any how, some thoughts that have no long term meaning except AMZN will likely remain below 127 for the balance of the day.

Glenn