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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 235.32+0.6%10:22 AM EST

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To: Jan Crawley who wrote (69966)7/27/1999 10:18:00 AM
From: Eric Wells  Read Replies (1) of 164684
 
>>Why not cover Yhoo/Amzn now and keep ebay-cmgi open.

Jan - I didn't even really look at prices during the first 30 minutes of trading this morning - as I knew they would all be much higher and if I were to look, I would be wasting a lot of time calculating how much lower in value my position was compared to market close yesterday - and I would be sorely tempted to cover. I'm looking at the prices now, though, and it seems that everything is falling back some. Call me foolish, but I think I've convinced myself of some of the negative facts that I have posted on this thread on net stock valuation over the past two months - of course, these negative facts have been known all along and have had little impact on stock price.

I'll probably cover AMZN short at some point today - as I believe AMZN could bounce tomorrow with the DSCM IPO. I'll wait and see and make a decision later on today on the others though.

Thanks,
-Eric
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