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

AMZN 222.31

-0.1%

12:38 PM EST

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To: Jan Crawley who wrote (87433)	12/14/1999 4:19:00 PM
From: Eric Wells	Read Replies (3) of 164684

Hey, are you shorting? Yes - RHAT, YHOO and QCOM: RHAT: I've been shorting RHAT off and on for the past 4 or 5 trading days - started at 290 (I've gotten about 65 of the points it's fallen since then). YHOO: I shorted YHOO last week - and covered after it rose 15 points - but then I shorted again yesterday at 350. QCOM: Shorted this morning at 424, and then watched in anguish as it quickly rose to 435 - not that I wish financial harm on anyone who is long the stock, but I was glad to see the quick drop from 437 to 421 near the close. I decided to hold all my short positions because I think all three of these stocks will go lower (I realize QCOM and YHOO are both very risky - but at least I have a buffer established on YHOO). Note that I have several long positions as well: GE, DIS, MSFT, WMT, XOM, IT, PG. -Eric

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