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


To: KeepItSimple who wrote (30847)12/22/1998 9:52:00 AM
From: H James Morris  Respond to of 164687
 
kis, I got 4 points out of ebay and the lid is shut.
The nasd is down we might see a mild sell off.



To: KeepItSimple who wrote (30847)12/22/1998 9:54:00 AM
From: Devil's Advocate  Read Replies (2) | Respond to of 164687
 
So true!

I'm sure that if I say to longs here: Time to take profit. I will get bullied all over the place, so I won't say it.

BTW, I would rather invest in undiscovered Internet stock like PCCC then buy shares at $300 a piece. No company is worth that kind of valuation.

Speculation like this has been seen in the past. We know what kind of desastrous effect it can have. I hope that it won't affect the whole market.



To: KeepItSimple who wrote (30847)12/22/1998 10:26:00 AM
From: jach  Read Replies (1) | Respond to of 164687
 
Give it a year, the most. AMZN will be 50$ or less.
Market dynamics have changed in a big way with Internet trading. The pros and people that being around would not touch this, but the small traders (trading between 25-100 shares) will go on. Ten thousand trades of 50 shares is 500K shares already, And, there are much more than 10,000 people on line these days. Housewifes to college kids are buying and selling these and up till now the keep-on-buying strategy works. It will need a consistent pressure on AMZN for 7 to 10 days to scare some of them off. IMO, the largest downslide in AMZN history will start right after the earnings release in early Jan. At this point, every 20% rise is a selling opportunity.



To: KeepItSimple who wrote (30847)12/22/1998 11:18:00 AM
From: Skeeter Bug  Respond to of 164687
 
>>What's wrong with our education system? :)<<

what educational system? dude, these are the best and the brightest - the smart people of the world who earned their investment dough by being geniuses and better than avg. -nfg-



To: KeepItSimple who wrote (30847)12/23/1998 8:23:00 AM
From: Glenn D. Rudolph  Respond to of 164687
 
Today is one of those wonderful days- after reading hundreds of newbies ask the same
question: "Doesn't Amazon split on Dec 18?" and then responding no, it doesnt, not until
Jan 4, and having them say "You don't know what you're talking about, the press release
says Dec 18!"


KIS,

I have been reading this thread awe although running a lot behind. I could not believe how many people did not understand the split release. Some do not understand options.

I thought at one point in my investing career I knew something. I really do know options. I do know the date of record for a split is meaningless and I could go on.

Why is it I believe I lost the most money on this thing?

Glenn