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

AMZN 245.98

+1.8%

12:54 PM EST

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To: William T. Katz who wrote (6409)	6/17/1998 6:53:00 PM
From: Andrew	of 164684

I saw that too. Actually they have been doing that for past few days, stablized at certain price then shot up, but today was kinda different. It actually dropped from that stablized level to about 4 pts below. I thought they were going all the way down, but somehow started to rebound about 15 mins before the market closed. I saw many buying in July 60 put options, which I bought also, some more time premium than yesterday. I think tomorrow will be the day for short sellers and put holders, including myself. I really hope I'm right on this.

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