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

AMZN 230.61

+0.7%

9:36 AM EST

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To: McNabb Brothers who wrote (69664)	7/26/1999 1:05:00 PM
From: Eric Wells	Read Replies (2) of 164684

>>Why get out today? The fact that I have short positions in four of the internet leaders (AMZN, YHOO, CMGI and EBAY) makes me a little nervous. I'm actually in the black on all except AMZN (both my CMGI and YHOO shorts are 6+ points in the black). I fear that something may come out of the blue and cause these stocks to rally - and wipe out my profits. Something about holding a short position for more than a day makes me nervous - even when all the indications are that this market may be going lower. And who knows - EBAY may surprise this evening. Of course, I think it would have to be a very big surprise to cause the nets to rally. Anyone have any predictions/thoughts on EBAY's report this afternoon? Thanks, -Eric

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