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

AMZN 232.50

+0.1%

Dec 26 3:59 PM EST

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To: Mark Fowler who wrote (4723)	5/27/1998 9:24:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Glenn, it looks like your going to make profit on your short position in here. What's your prognosis on the down side in here short-term. Do you plan to cover your short position at 80 or 75 range? I think the worst is over on the indexes and more than likely the market will shave a few more points off in here short-term. Mark, I really focused on the long term. I suspect 70 by the end of this week. I do not plan on covering my short until 20 or below. The company has no fundamentals in my opinion. The insiders are becoming millionaires by running a company that has done nothing but lose money. I see 50 around August. Glenn

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