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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject	3/14/2002 9:36:04 AM
From: Joe Stocks	of 787

AMZN- Over 3 million shares in insider sales posted today. This market hates debt and I'm surprised that AMZN's debt does not weigh more on the stock. Anyway, Christmas season is over and AMZN should be back to losing great sums of money and the debt will come back as an issue. AMZN has over 370 mil shares so gaining a decent earnings per shre will be difficult to ever justify the price it is at now. 40% of the float is short. Tricky one to play if it runs. I have a short position. Joe

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