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

AMZN 248.37

+1.6%

3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (65788)	6/30/1999 11:51:00 PM
From: Jan Crawley	Read Replies (1) of 164684

I don't think it will fall off a cliff. Probably just get into a trading range from 160 to 190 See, I think if Yhoo does not run very hard and all the way to almost the previous highs, then the fall off will not be so dramatic. I agree w/you, I will only short puts(cheap puts) during the run, will only short shares after e-reports or new highs. I am not afraid to short 200 Yhoo shares at all over $220; I don't think the new and improved float can handle the old tricks.

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