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


To: Jan Crawley who wrote (49507)4/8/1999 9:42:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

Bought 100 amzn at 172 7/8. to cover yesterday's short at 178. Have order to cover another 100 at 165.

Re yhoo. I guess Moon B was right to get annoyed. Apparently he did not sell at 240+, and was hoping the really laughable 11c would propel the stock to ever greater heights.



To: Jan Crawley who wrote (49507)4/8/1999 9:51:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

Bought 100 amzn at 168 7/8.

I can't find a reason for today's specific drop other than yhoo. My short yhoo at 213 did not fill.



To: Jan Crawley who wrote (49507)4/8/1999 7:07:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Shares of small Canada miners keep up torrid pace
TORONTO, April 8 (Reuters) - Shares of American Gem Corp.
<GEM.TO> and Dejour Mines Ltd. <DEJ.TO>, two obscure Canadian
miners that have taken stakes in the Internet, continued their
meteoric rise on Canada's major stock exchange on Thursday .
For the second straight day, Toronto-based American Gem,
which plans to sell sapphires and jewelry on the Internet,
vaulted to the top of the most actively traded stocks on the
Toronto Stock Exchange.
A staggering 24 million of the company's 105 million shares
outstanding had changed hands by midday as American Gem stock
more than doubled in value to C$0.94 a share.
Vancouver-based Dejour Mines, which recently invested
$250,000 in a Dallas-based provider of same-day worldwide
document deliveries, also saw its stock rise C$0.10 to C$0.77 a
share.
Dejour traded at about C$0.14 a share a month ago.
The rebirth of small Canadian firms as Internet, or
e-commerce, players mimics a trend in the United States, where
the market value of companies such as Seattle-based online
pioneer Amazon.com Inc. <AMZN.O> or California-based Yahoo!Inc.
<YHOO.O> has skyrocketed.
E-commerce refers to transactions taking place through the
Internet. While North American investors have flocked to buy a
piece of this hot growth sector, some traders worry the market
has put on blinders.
"What do they (investors) know about American Gem? It's all
about euphoria," said James Niosi, trader with Charles Schwab
Canada in Toronto.
"People are looking for the next Bid.com, the next Yahoo."
Toronto-based Bid.com, Canada's leader in Internet-based
stocks, continued to shine on Thursday, gaining C$4.60 to
C$31.40 a share in heavy midday trading on the TSE.
($1=$1.50 Canadian)