SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (53503)4/28/1999 5:44:00 PM
From: tonyt  Read Replies (1) | Respond to of 164684
 
>How about 179 now? I know that is correct. I have time and sales too.
>ISLD is dumping.

Is the volume heavy or light? These instanet quotes are tricky.

CORRECTION/ The fourth line should read "instinet", not "instanet" as previously reported. :o)



To: Glenn D. Rudolph who wrote (53503)4/28/1999 5:49:00 PM
From: KM  Read Replies (1) | Respond to of 164684
 
Yeah, I see that now. Well, here's one take:

As Good as it Gets
By James J. Cramer

4/28/99 5:30 PM ET


No flies on the Amazon (AMZN:Nasdaq) quarter from the basics. Revenues were great, high range, like the customer count and purchases. Three hundred million dollars would have been terrific. Two hundred ninety-three million dollars beats the top guy, which is as good as it gets.

So, AMZN joins AOL (AOL:NYSE) and eBay (EBAY:Nasdaq) in being as good as it gets. Will the selloff continue then as these other stocks went down after great quarters? I'm back in the badlands here, watching all the Net stocks trade off a couple of bucks and Amazon huddled at $186, down six and the call hasn't started yet.

One thing is for certain, the griddle is as cool as it has been when I have wanted to take bigger swings at the Net. Jeff Berkowitz and I just strategized for the four millionth time. We want to buy the dislocation of the Net. Not right now when the shorts are leaning on the stocks in Instinet and the sellers are still out in force. Tomorrow. When it is most ugly.

That's our plan for now.