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


To: Tom D who wrote (29954)12/15/1998 6:25:00 PM
From: cellhigh  Respond to of 164684
 
SOLD@THE CLOSE FWIW....and thats o lot!



To: Tom D who wrote (29954)12/15/1998 9:44:00 PM
From: Gary Walker  Read Replies (1) | Respond to of 164684
 
Maybe she knows something you and others on this thread don't?

>>a message for Joy Covey, CFO of AMZN, who keeps selling her insider shares as soon as she get them....

"Among those cashing in were CFO Sandra Cochran, who beneficially owns 92,928 shares and exercisable options, according to CDA Investnet, which tracks insider selling. In the December filings, Cochran filed to sell 69,928 shares, or about three-fourths of her shares and exercisable options. In theory, a CFO should have the clearest view of a company's financial health, so when a CFO files to sell the vast bulk of his or her holding, it can raise alarm among investors.

"I wouldn't think that's a very encouraging sign," says Paul Elliott, a research analyst for CDA Investnet. "It seems that they don't feel confident that these prices are going to stay where they are or go higher.""



To: Tom D who wrote (29954)12/15/1998 10:24:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
TomD, I just got back here in San Diego and wow, thank gosh I was boxed. Your 'Thing' is a stock that every momentum investor should have.
I went to Dlj a few minutes ago and their Jamie Kerrigan is still promoting Amzn, as a strong buy.
He states that Amzn will increase revenues in 98 by an additional $40mil. In 1999 he estimates they'll go from $500mil to $850mil.
He estimates that in 98 , they'll lose an additional $40 mil. He is, also increasing his 99 estimated loss, significantly!
He chooses not to get into 2000, only because he doesn't want to stick his neck out.
He does say that, momentum should increase the 'Things' stock price as consumers discovers the virtues of Amazon e-commerce. For the first time, this Xmas.
My strategy is, to only play my long shares until after the split, and the 2nd qtr 99 results are released.
Please! appreciate your roll, and in the Forrester year of 2003 .
I would not recommend giving up Medicine.
Ps
This money looser is going up to $500 ps. Enjoy it. You'll never experience a better high. Ever again, (Unless you find a Bio-Tech that cures cancer). Anyone who bet's this Beast down is nut's.
If you don't trust me. Ask Glenn, Jan, Sb, Ice, jach, flelica, otherchap, victor,Rs,etc,etc,etc.
Trust me on that.
Regards.
Ps,
The lid stays shut.