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


To: Glenn D. Rudolph who wrote (27150)11/19/1998 8:03:00 PM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
>However, the close indicated this was not the time to go long. Of >course, there is the 3:1 stock split.

AMZN dropped 20 point intra-day for one reason only- the big momo players were leaked the news and wanted to make a killing by buying cheap November calls. Did you see the volume in the 150s towards the end of the day?

It couldn't be more obvious.