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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (2057)2/1/1998 3:32:00 PM
From: Earthdog  Read Replies (1) of 18691
 
Roger & other comments welcome,

I've tried shorting AMZN through Schwab with no luck. Though I don't
normally buy put options (usually use options only as a hedge), what do you think of buying AMZN July 50 puts? I'm considering puts if I can't get shares to short. There's been news lately on AMZN getting ready to get into the music business. I figure if they do that they would have to spend more money on advertising, etc.; hence, lower net income for the next quarter. Still looks way overpriced to me.

Thanks,
Allan
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