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


To: Robert Rose who wrote (27014)11/19/1998 3:47:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164685
 
Hope it gets to 120 - would certainly load up at that time....

Sell now at $160, then buy!!



To: Robert Rose who wrote (27014)11/19/1998 4:31:00 PM
From: Rob S.  Respond to of 164685
 
I think that Barnes gave the analysts (maybe not the ANALS) enough things to consider to raise their concerns about the future prospects for Amazon's market share and earnings. Bezos could try a stock split now or a secondary but that would be suicide as it would likely embroil the company in class action lawsuits. Heck, there may be opportunity for the lawyers to set precedent here - go after the major brokerage houses who pump up the stock as a clear violation of their "arms length" agreement to keep their analysts separate from their pimp brokerage businesses. That could spell major money settlements to the vultures should the stock fall post split or secondary - something I think is highly likely to happen.



To: Robert Rose who wrote (27014)11/19/1998 8:09:00 PM
From: Glenn D. Rudolph  Respond to of 164685
 
The problem with selling/shorting the stock now in my opinion, is that you can never
know what other "news" our beloved Mr. B. may also have up his sleeve.


Robert,

I could not agree more this is a problem when being short. I have faced it many times.

Little did I know that a
rehash of old "news" - Videos! would rocket the stock upward like that.


The net stocks are about the only ones I ever recall doing this on old news. AMZN's stock did when they started to sell music too which was no surprise.

Glenn