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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST

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To: JOHN W. who wrote (71606)8/3/1999 5:36:00 PM
From: TraderTerry  Read Replies (1) of 164684
 
I covered all my August puts but am going to hold off on
my longer term puts. There were 2 big blocks bought by
institutions but otherwise there were a lot of selling too.
Infact the sum total of institutional sales was far more
than the buys. The party is not over it has just begun IMHO
and I am holding all my puts - including Jan 40 ones - puts
very very tightly. If some firms are selling AMZN to their
clients, this will not be the first time they would be pushing
losing stocks. Of course this thing can very well turn around
and go to 150 or more. Its just that I do not see that happening.
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