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


To: Bill Harmond who wrote (31474)12/28/1998 7:33:00 PM
From: Jan Garrity Allen  Respond to of 164684
 
Yup it must be 400 before the split!!! THIS IS SUPER AND U MUST OWN THIS LONG TERM!! WE will probably see 2 splits in 99 as Money pours in from all over the world plus it will be included in the S and P 500 at the end of next year !! SOOO stay long and stay strong!!!!



To: Bill Harmond who wrote (31474)12/28/1998 7:34:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
Don't expect too huge of a drop on Jan 4 (the first trading day of the new year), at least in the morning.

If there is any coordinated effort by brokerages and market makers to keep the mania going long enough for them to cash out, they will certainly do their best to pump Amazon early in the day and scare shorts into covering. Since most shorts are expecting tax-selling on that day, the best trick would be to make the shorts think that nothing at all will ever stop the runup.

You can bet they'll be selling into the runup that morning. It will probably rank as the biggest head-fake of all time.