Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.50

-1.9%

3:59 PM EST

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To: re3 who wrote (70814)	7/30/1999 10:47:00 AM
From: H James Morris	Read Replies (1) of 164684

>>James,1) in terms of shorting net stocks, do you maintain a hard and fast % increase that would cause you to cover...<< Ike, I'm no shorter. In my entire portfolio right now I have only 2 shorts eBay and Amazn. Re Amzn. I used to have a max pain of a 5 point loss per trade. I saved my ass many times using that discipline. Today I don't care. Amzn would have to jump up 40 points, and eBay 25, before I'm no longer playing with the house's $money. As far as Yhoo,eBay and Amzn. I choose not to mess with Yhoo because I actually do like its long term prospects, if not its lofty stock price. As far as ebay that's just another fad, and Amzn will just be another Southland Corp's 7/11 convenience chain.

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