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


To: Bill Harmond who wrote (53035)4/27/1999 6:15:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
Hey HJmorris, Amazon had an intra-day swing of over 10 percent today. How do you like the volatility?

And a question for everyone out there:

Volatility in all stocks, especially internet stocks, seems to be increasing in a parabolic curve. Last monday most of them dropped 20 percent in only a few hours. HOW VOLATILE CAN THESE STOCKS GET BEFORE THEY RIP THEMSELVES APART?

30 percent up and down within a day? 70 percent?

How about an average day where EBAY opens at 100, drops to 5, climbs to 200 and falls to 99 1/2 within 30 minutes?

At what point will people realize that everyone has literally lost their mind in this sector?



To: Bill Harmond who wrote (53035)4/27/1999 6:47:00 PM
From: fedhead  Read Replies (2) | Respond to of 164684
 
So you expect a correction ? I thought that's what we had last week. All the earnings coming out seem to be exceeding expectations.

Thanks
Anindo



To: Bill Harmond who wrote (53035)4/27/1999 9:39:00 PM
From: Holyman  Read Replies (1) | Respond to of 164684
 
Folks: I just received a note (proxy vote) re AMZN shareholder meeting on May 20. They are proposing to increase AMZN common stock from 300 million to 1.5 billion shares. This has been approved by the BOD. Watch for this date for a possible split announcement (if no split is announced tomorrow).

God Bless You All