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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.50-1.9%Jan 2 9:30 AM EST

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To: Jan Crawley who wrote (17958)9/23/1998 12:18:00 PM
From: craig crawford  Read Replies (1) of 164684
 
>> Craig, help, I do not know much about Yhoo, but have a pending to short 150 shares @$112 for today. R/t 108 right now. <<

I don't know your time horizon, but be careful shorting net stocks that are breaking out to new highs. YHOO is my favorite internet stock and one of the last I would short. Having said that, with patience a short at 112 will prove profitable.

I would like to short some AMZN here (and then maybe write some covered puts. The premiums seem pretty juicy) but there are no shares to be had. That's not a good sign for the bears. Usually about the time I can get some shares the squeeze abates, so I will keep trying here at just under 100.
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