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

To: Sonny Blue who wrote (41113)	2/19/1999 9:57:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

OT On these NEM calls what strike and month are people buying? Glenn

To: Sonny Blue who wrote (41113)	2/19/1999 9:58:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Sonny, >> Bought AMZN@93. Look like internet funds are buying. How can you tell ? I see 10K blocks selling each time the price goes above 94.

To: Sonny Blue who wrote (41113)	2/19/1999 10:06:00 AM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Sonny, >> Bought AMZN@93. Look like internet funds are buying. There 1/2 million shares that need to be sold today to satisfy expiring puts. Of course that will be reduced by the amount of roll-overs, but still it is selling pressure. I see no evidence of fund buying whatsoever. There was an early surge from daytraders. Funds do not place market buy orders at gap up open. There was an 8k buy at 93 just now, but the buys are few and very far between. If we don't see consistent large buys, the ralley will fizzle fast. Sincerely -Sarmad