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

To: dennis michael patterson who wrote (29972)12/15/1998 10:53:00 PM
From: James Thai  Read Replies (1) | Respond to of 164684
 
More often then not recently, if AMZN is up $7 at noon, it's going to be up at least another $7 by the close. I'd hazard a guess it's daytraders sitting around waiting to see which way it'll break today, then jumping on the bandwagon and exaggerating the move. Beats me what causes the initial spike though.

James.



To: dennis michael patterson who wrote (29972)12/15/1998 11:46:00 PM
From: Mark Fowler  Respond to of 164684
 
dennis the indexes exploded too at the time Amzn moved up. i believe the upcoming split and Amzn being added to the NDX has moved this stock. But, then i had few doubts that Jeff wanted this to be a 300 dollar stock when he announced a 3 for 1.


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