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

AMZN 229.10

-1.4%

Dec 4 3:59 PM EST

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To: Jan Crawley who wrote (4374)	5/15/1998 5:52:00 PM
From: Mark Myword	Read Replies (2) of 164684

>>I will take assignment for my May $100 Amzn puts on Monday << Jan - if you're being assigned , it means you wrote the puts; you end up long , not short , the shares. The other side exercised, and forced you to buy the shares from him - he "put them to you" so to speak. If you want to end up short , write in-the-money calls on stock you don't own - it's a great way to end up shorting , and collecting premium too...works only on issues that aren't a "hard-to-borrow".

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