Word: preissler
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Dates: during 1998-1998
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...folks most easily seduced by such visions tend to be small investors, who often buy and sell online, sometimes many times a day. "The bulk of recent trades have been for well under 1,000 shares," says James Preissler, who follows the Internet for Paine Webber. And because there are still relatively few shares of Internet stocks available to the public, such purchases can pack a hefty punch. That guarantees that any rise in the demand for a stock will have a sharp impact on its price. For example, much of the volatility of Amazon.com comes from the fact that...
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