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

To: Jan Crawley who wrote (42437)2/25/1999 9:53:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan

This is amazing. The ask sizes in amzn are about 10 times the bid sizes, yet the price stays up. This is an incredible display of buying enthusiasm by amazonians. I have never seen any stock stay up in the face of large block selling. The retail buyers are absorbing all the selling and clamoring for more. This is a phenomenon.



To: Jan Crawley who wrote (42437)2/25/1999 10:03:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Bought more BCST at 82.

Bought DELL 81 3/4



To: Jan Crawley who wrote (42437)2/25/1999 10:14:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

It looks like amzn runs into strong resistance at 122. It seems the buyers are exhausted. They bought 5M shares in 40 min. Is that some kind of a record ? I will short 200 if I can get 122.

-Sarmad


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