Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.37

+0.3%

Dec 19 3:59 PM EST

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To: Gordon A. Langston who wrote (4148)	5/10/1998 12:56:00 PM
From: H James Morris	Read Replies (2) of 164684

Gordon, great point < I might tend to agree that until cash flow comes up short of expectations this bull will be hard to bring down.> It seems the best strategy here is to sit on the sidelines and keep all eyes on their revenue #'s. Once we see the revenue #'s peak, we pounce. Right now I think I'll lose on my May 90 puts and it may be that my July 100's might not be far out enough. It confirms that Puts is not the play here at this time. I still have my shorts @ $95, but make no doubt about, as soon as I see the revenue #'s I'm looking for, I'll throw the kitchen sink @ this Hummer.

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