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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (42418)1/6/1999 1:32:00 PM
From: MARK BARGER  Respond to of 132070
 
NVLS up 30% in 1 1/2 trading days. The analyst that gave out the $400 price target for AMZN says now the stock is way ahead of itself in that it has a $20 bil. market cap with less that $1 bil. in sells and no profits in sight. The market responded immed. by pushing AMZN up 2 pts. to it's high for the day. Good news, bad news, this market has no one looking to take a profit. I have never, ever, never seen anything like this, ever. Needless to say I have missed most of the last 700 pts. up on the NASDAQ. I'm in oil service and still think I'll beat the averages this year. AMZN exploding up to 139 as I type.
What a market!

Mark



To: The Perfect Hedge who wrote (42418)1/6/1999 1:35:00 PM
From: yard_man  Respond to of 132070
 
I have noticed. If it gets to 72 I might add some more puts but have to get past the tech earnings releases for this month and expiry ...