Amazon.com, Inc. (AMZN) Message Board

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

AMZN 243.86

+1.9%

1:22 PM EST

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To: Bilow who wrote (762)	11/12/1997 5:59:00 PM
From: Don Westermeyer	Read Replies (2) of 164685

I was somewhat shocked to see options on a stock with such a low float. Mabey they think the float will increase? Good thing I didn't panic and cover my short position at $60! I don't usually play with options and consider them more for gamblers (with all due respect). They are also useful as insurance with large positions. One can make (or lose) a lot of money with them though! Don

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