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To: Dwight E. Karlsen who wrote (26652)11/18/1998 4:19:00 AM
From: OtherChap  Respond to of 164684
 
Prediction: gap up 4 at the open, the within 5 minutes up 10. This is because yesterday's action will cause a bunch of margin calls this morning, so there will be more forced buying..

Then I expect profit taking to kick in, as the rest of the market looks to be heading south for tomorrow..

I think I may play around with a few slightly-below-money november puts on thursday for fun.. with these 20 point swings, you can make a killing with only a small amount of "gambling" cash..




To: Dwight E. Karlsen who wrote (26652)11/18/1998 8:46:00 AM
From: JBL  Read Replies (4) | Respond to of 164684
 
Bezos may be a boy-wonder salesman, but he is a born idiot when it comes to business judgment. Consider :

- He was courted by Bertelsman (AOL's partner) and declined.
- He touted the "no brick and mortar concept" only to find he needed warehouses to remain competitive.
- He's going all out internationally before making a single dime in the US.
- He poaches not one, but 9 key employees from Walmart and ends in a law suit with a company that has some of the deepest pockets in the US.
- He engages in a verbal war with BKS after they acquire his main supplier.

Again, a great politician, but a lousy business person. Reminds me of Clinton and his foreign policy.