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To: Glenn D. Rudolph who wrote (36541)1/25/1999 10:04:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
Day traders are leaving the ship. scamazon dropping like a brick, now down 10 points.

(5 of those in the last 30 seconds)

Should close below 100 today, finally.

Now down 11 1/2 at 111 1/2

Volume picking up, shares dropping faster.. Market turning negative as we speak.



To: Glenn D. Rudolph who wrote (36541)1/25/1999 10:43:00 AM
From: H James Morris  Respond to of 164684
 
Glenn, shorted 1k @ 122 out @ 112. I love this volatility and I'm no longer hedged.



To: Glenn D. Rudolph who wrote (36541)1/25/1999 12:50:00 PM
From: re3  Read Replies (3) | Respond to of 164684
 
I'm baffled, new shares are unlocked, M Murphy says he's short, and ebay is currently up...Haven't shorted yet, still debating, but I really thought this would get slaughtererd today...

Howard



To: Glenn D. Rudolph who wrote (36541)1/25/1999 1:59:00 PM
From: Rob S.  Respond to of 164684
 
There is an interesting article in JAN 18th issue of Investor's Business Daily, p. A20: "Mail Order: Will Internet retailing be a friend or foe?"

Some traditional catalog retailers, such as Micro Warehouse, already have a significant web business but several other large catalog outfits are just starting or have yet to enter Internet competition. Many of these companies do something totally obscene - they make money and have reasonable P/Es.

The article sees the industry growing over the next few years and sees benefit in lower advertising costs (about 20% of sales) for going on-line. However the "savings" factor ends up, the "Internet mania factor" will probably be much more important to some of these companies stocks as they go on-line and catch the Interest of speculators. The article list 25 catalogers with stock statistics. You should be able to pull it up at the IBD site after registering: www.investors.com