Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OtherChap who wrote (27296)	11/20/1998 4:20:00 AM
From: OtherChap	Read Replies (2) \| Respond to of 164684

Today's prediction: Gap up at least 15, since we already went up 6 points in afterhours trading alone. Expect a push to 180-185 on relatively light volume, since the short interest has certainly lowered after this recent squeeze.. (the strongest squeeze ive ever seen) Asian markets are up, WAY up, skyrocketing. France and Germany are both up close to 2 percent. Amazon "needs" to close around 150 in order for the options MMs to make maximum profit.. But it "wants" to close around 185.

To: OtherChap who wrote (27296)	11/20/1998 4:30:00 AM
From: OtherChap	Read Replies (2) \| Respond to of 164684

Possible good news for December shorts: I checked with a friend who knows far more about this topic than I do, and the Amazon split will not "occur" until AROUND JAN 4. The date of record is Dec 18, but that is mainly a formality for insider and large institutional holders. You can buy the stock on Dec 31 and your shares will split around Jan 4 if you hold them. This means that the December options still will have a decent time premium, since the split doesn't occur until after expiration.. (unlike my first thought, which was that they were splitting on Dec 18, options expiration friday) To make it clear, you wont see (amazon price/3) until after January.