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Strategies & Market Trends : Roger's 1997 Short Picks

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To: j glad who wrote (8512)12/17/1997 12:40:00 PM
From: Don Westermeyer  Read Replies (2) of 9285
 
JGlad,

I have a short position in AMZN. As with YHOO, this can be a shorter's nightmare. There are signs of cracking though, BKS (Barnes and Nobel) just kicked AMZN out of the premier spot on AOL. Earnings mean nothing to AMZN and YHOO and I'd caution against shorting either unless you can back it with a lot of $$$ and have a strong heart! AMZN is pretty hard to short, but may be getting easier as there has been some recent insider selling to add shares to the float.

Don
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