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


To: Tom D who wrote (42622)2/25/1999 7:17:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Joy Covey has been an excellent contrarian indicator in the past.

Every time she sells, AMZN doubles again. I recall reading that she sold at $60, before it
split 6 for 1. In other words at the equivalent of $10 per share, in todays capitalization.


Tom,

I do not believe Joy even looks at the price. She has shares she has not sold but she apparently receives some options for shares each quarter and exercises them. The proce of the stock is likely irrelevant sice she knows she will get more shares next quarter, etc.

Maybe I will buy back tomorrow, if it does not gap up too much.

We need to discuss this online pharmacy stuff sometime. I believe you are the man that understands it the best.

Glenn