Amazon.com, Inc. (AMZN) Message Board

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

AMZN 210.32

-5.6%

Feb 6 9:30 AM EST

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To: Dennis Lee (Hijacked) who wrote (245)	9/19/1997 5:17:00 PM
From: Boris Maleshev	of 164685

This wasn't madness, this was a determined effort on the part of the analysts and some institutions to cause a short squeeze. This stock, even though it is overvalued, has been shorted so much, that any medium scale buying by an institution will cause a squeze. Remember Zitel from the year 2000 hype. It was shorted tremendously during its long rise, only to have the shorters squezed during the few days at the top. I think the stock will continue to move up on Monday as shorters continue to panic. This will go on until most shorters are forced to cover, and then with no support, this cow will collapse. Looking to short it midday Monday, unless something better comes along.

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