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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Tradegod who wrote (61295)6/8/1999 7:30:00 PM
From: McNabb Brothers  Read Replies (1) of 164684
 
>. I would rather be long AMZN and short EBAY <

Now that is very disturbing statement in my opinion and I will get blasted for this by the longs, but why would you want to be long an internet company that is losing money and short one that is making money! It's amazing the mind set that is taking place on Wall Street now.

For what it's worth, I've been selling naked calls on AMZN for the past few months and selling naked puts on EBAY the past month or so and have been putting money in my pocket almost daily. Even EBAY is over valued in my opinion so I've been selling way out of the money puts like the 120's and 130's and the 140's and will buy it if they are put to me.

Hank
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