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

To: John O'Neill who wrote (27247)	11/19/1998 11:49:00 PM
From: Whiskey	Read Replies (1) \| Respond to of 164684

John, AMZN was up 6 1/2 after the announcement of the split in after hours trading. I think the jump has begun without us. Whiskey

To: John O'Neill who wrote (27247)	11/20/1998 12:12:00 AM
From: IceShark	Respond to of 164684

John, I took a look at your profile, so I think you have a real question, rather than the bullshit some have slimed the thread down to. In true theory, a split really shouldn't make much difference, one way or the other. However, given the tendency to favor even lot 100 share divisible trades, rather than say 35 shares, splits tended to increase holdings (buying demand) among the little small fry. So, you used to see stocks pop by a 1/4 to 1/2 point or so after a split. With the market lunacy, this effect has gotten all out of hand, with people expecting a stock to jump 20% within days just because a split will happen. So, expect a bunch of buyers in the morning trying to cash in on the effect. P.T. Barnum (and his midway) was a straight shooter compared to this stock market, but if you have a long line of fools, it is tough to fight it. When it crashes, the fools will be around to steal all your belongings and rape your women, so get out the hardware. -g- Regards, Ice