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


To: Slumdog who wrote (44014)3/4/1999 10:58:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Quarter by quarter, a record of earnings(or lack thereof) is made, and there is much less
mystery, and much more history.


D,

I reallly liked this:-)

Glenn



To: Slumdog who wrote (44014)3/4/1999 11:07:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
I really just don't know. I waited until there were 10 Million shares of amzn in the float before I shorted it, and still got caught in the squeeze at 199.

For the Bezos' family, it is not an issue whether they sell 10 million shares or 20 or 30 to cash a $ Billion or two. It is more than they ever dreamed of anyway.

But for the funds who own the shares and bought on the way up it is crazy to hold. I think they are not holding. I think funds buy when it dips to 90's or 80's then sell higher, such as now. I have no other explanation for the drop on higher volume.

You know that Yahoo insiders sold about 3 million shares 10 days ago. That seems to explain its weakness, also. Whereas ebay is going higher every day with its super small float.