To: Judy who wrote (20648 ) 4/28/1999 7:22:00 PM From: Electric Respond to of 42787
Judy, Things at work are... well work. There is a big part of the market that I do not get to participate in so in some ways it is less than exciting. One bonus is I can get in all the closed funds that they have..lol I dont think I will stay there too much longer, in fact if the whispering about longer trading hours is true I might have to go for more $$$ in another job. I know you have a FIDO acct, do you trade enough to get the Stealth pricing? I think it is new, but if you want to scoop then PM me. Lets just say that pricing is comparable to all deep discount brokerages.. As for AMZN, I follow it closely and that is what was said, I was suprised too since last week an analyst came out and said that margins in the auction segment ought to be high 20's. I suppose that the reason for the problem is the capital to get in to the business and the learning curve. I dont have a problem with them saying that losses will widen as they keep buying more internet properties, but from reading the news at work and on the threads I am not impressed. It sounded ultra conservative, almost negative. One other thing, the selling that last hour sure wasnt individual investors selling their 50-100 shares of YHOO or CMGI or EGRP, that was MM's dropping the ask/bid's. I had a streaming quote going on a few stocks and there were buyers in there but the bid/ask kept dropping. I have seen similar patterns before, almost in anticipation that the large investors want out, or want in at lower prices. I rarely feel the way I do today, but I think we are in for some trouble. I also am worried how the Dow 30 is up while all other indicies are down. Too much run in such a short time. We are due.. IF Friday's numbers arent supportive, then close your eyes.. How are things with you? I hope you held QCOM.. :}