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


To: Lane who wrote (28869)12/4/1998 5:55:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 164684
 
thanks Lane.



To: Lane who wrote (28869)12/4/1998 10:34:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Whats wrong with this story? Maria was telling America that the Internet stocks will rock 'n roll. She actually mentioned the 'Thing'.
After opening up 7 points. It appears to be selling off a little.
Do you think that the Investors are finally getting cautious?
AMAZON COM INC 195 - 290 WRA(AMZN)
Bid: 190 7/8 BidSize: 10 Open: 195 1/2
Ask: 191 1/16 AskSize: 13 Close: 189 1/2
Last: 191 High: 198 Div.: 0.00
Change: +1 1/2 Low: 190 1/4 Yield: 0.00
A.High: 233 1/8 P/E: 0.00 Volume: 965900
A.Low: 24 1/4 EPS: -1.76 Market :NASDAQ NM
Tick: Down Short sale subject to UPC 11830.



To: Lane who wrote (28869)12/4/1998 12:59:00 PM
From: SuperD  Read Replies (2) | Respond to of 164684
 
Do you know the date the stock splits?
Jan 5th is the split date.

Here's the press release:
Stockholders will receive two additional shares for every share held on the record date of December 18, 1998. The additional shares will be mailed or delivered on or about January 4, 1999

Won't the split be on Dec 18th? And "on or about Jan 4th" is a date 2 business weeks later on which the paperwork will catch up? Otherwise, what if I purchase share on Dec 21? Either (a) those shares have to get split, or (2) I'm purchasing post-split shares. If (a) is true, and Jan 4th is the split date, then announcing Dec 18 as a record date is arbitrary. I'm betting on (2).