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

To: Sarmad Y. Hermiz who wrote (46475)	3/19/1999 2:35:00 PM
From: Rob S.	Respond to of 164684

My observation of the two sites is that PlanetRX has a level of pricing that will make the purchase of many routine items at a combined price of around $20 attractive. But the pricing at DrugStore.com is higher so that you would have to buy another $10 or more to pay off the shipping and handling cost. The gross margins on drugs and supplements, etc. is higher than books and music. But drug type purchases are more out of need than wants and many times can't be put off. I found the pricing at PlanetRX good enough to get me to consider them for routine purchases, such as vitamins. At least I'll take advantage of the $10 free money! AMZN is not moving up on this expiration day. That surprises me a bit. There are reportedly a lot of call options that will expire. In the past, Amazon has attracted a lot of action in call options and the stock has moved up around xpiration - sometimes rocketing up and forcing short covering. I suspect that a lot of them are due to speculation that the stock will fall - used as a short strategy. Whether used as a surrogate for a short position, as a long hedge, or as a speculation on further appreciation, the options expire today, leaving the new holders free to sell the stock. My guess is that there will be some downward pressure by next Tuesday due to this factor. But that's just a guess - I haven't studied the particulars much.