Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Platter who wrote (35442)	1/19/1999 2:18:00 PM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 164684

Platter, Waterhouse and the other brokers are suffering from a lack of investors buying the stocks they are pushing. The investment dollars are going to the hot sectors and the brokers are missing the play. They will try to move our dollars into the crap they are pushing. Just one more futile attempt to control the market like they have in the past. Their influence is waning because of online brokers, online information, online boards such as SI and the lessening need for traditional brokers. They won't give up easily. Coz

To: Platter who wrote (35442)	1/20/1999 3:03:00 PM
From: Platter	Respond to of 164684

Cosmo, seems like Waterhouse having desired effect!>>>>Just spoke to Waterhouse..They now require 100% cash for Internet stocks like AMZN, UBID,LCOS, CMGI etc....However, requiremnts for other sectors were lowered...seems like The market is trying to cut their exposure/risk in the internet sector..This could benefit OS stocks.>>>>>>> I was just checking the action in some of those InterNUTs.. Do you realise that investors were paying $189 for UBID on 12/23/98, its now at 73...also those guys were picking up AMZN at 199 on 1/8/99, today its at 121....and get this , they were buying ebay at 315 on 1/8, today its at $213...some were chasing MZON at 60 a couple week ago...today its around $18.00...So margin calls and plenty of hope and a miracle would be needed for these guys just to break even...I mean, how are you goona get a stock back up to 189 so you could just break even(UBID)...