Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.99

-1.1%

Dec 8 3:59 PM EST

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To: llamaphlegm who wrote (16943)	9/11/1998 9:35:00 PM
From: Oeconomicus	of 164684

Agreed, Llamaphlegm. In fact, I suggested any number of "hedging and monetizing" strategies were likely at work for Bezos and other insiders last year and again this spring when big open interests started showing up in longer term near the money puts and calls (collars) and deep in the money calls (as a substitute for shorting). The reason Covey and other employees have simply sold is that these were likely option shares. They couldn't do swaps or collars before they owned the stock and now they'd rather have the cash. Besides, they know the bulls will downplay their sales anyway as "normal". Regards, Bob

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