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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.07-0.2%10:38 AM EST
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To: Tabby who wrote (563)10/27/1997 10:59:00 AM
From: Don Westermeyer  Read Replies (1) of 164684
 
Tabby,

You're right about the short covering easing the decline of a stock.

But, IMO, serious short covering will not begin until it drops under $40.

In fact there have been huge short interest at least since the stock was $30.

Don
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