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To: Sarmad Y. Hermiz who wrote (51183)4/18/1999 8:42:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
You'd think if 5 million shares were removed from the float and tucked away in
a fund, and then 10 million more traded, that the price would really zoom up. But it
didn't. In fact it dropped below the open a couple of times during the day.


I suspect there are a lot more shares in the float. Likely many of the covertible junk bond holders made a coversion and sold the shares. That would explain the reasonably small rise with an upgrde.

Glenn



To: Sarmad Y. Hermiz who wrote (51183)4/19/1999 10:20:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
So what I conclude is there is not likely to be an explosive move up on Monday

Excellent conclusion, it's explosive down. Started late again and nothing yet. i am going to try the buy low and hoping for a day-bounce approach and placing Amzn day limit buy order at 169.

Aol looks terrible...


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