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


To: Jan Crawley who wrote (49286)4/7/1999 10:19:00 AM
From: Sarmad Y. Hermiz  Respond to of 164684
 
Jan,

>> wait for 170?

I think 170 is coming, but I think there will be buying at 173 or so. Last time it dropped from 180 it stayed at 172 all day. So I will try to cover a hundred shares at 173+.



To: Jan Crawley who wrote (49286)4/7/1999 10:37:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

There were 3 25k share sells at 9:39 this morning at 187. That seems the pre-cursor for the drop in amzn. I don't see any other large sells. It impossible to know whether the selling stops for today, or whether they will wait for price to recover a little. If the large selling comes back (at 180+) then I think it is straight down for the rest of the day.



To: Jan Crawley who wrote (49286)4/7/1999 11:00:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

Another 260k share sell at 174. Thats a million shares at lower and lower prices. How much can the daytraders absorb ?



To: Jan Crawley who wrote (49286)4/7/1999 11:01:00 AM
From: H James Morris  Respond to of 164684
 
Jan, do still have the big "C". I love this stock. Everytime I look around it keeps going up and its not an Internet stock either.
My calls where bought @ 57.
>>CITIGROUP INC(C)
Bid: 69 7/8 BidSize: 100 Open: 68 7/8
Ask: 69 15/16 AskSize: 85 Close: 67
Last: 69 15/16 High: 69 15/16 Div.: 0.72
Change: +2 15/16 Low: 68 1/8 Yield: 1.00
A.High: 73 1/2 P/E: 27.51 Volume: 3976900
A.Low: 28 1/2 EPS: 2.44 Market :NYSE
Tick: Up<<