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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST
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To: Mark Myword who wrote (4877)5/31/1998 1:54:00 AM
From: Gary Korn  Read Replies (2) of 164684
 
William,

I have a boxed position on AMZN (and on AOL). When boxed, it only uses up 5% margin at FIDO. When I want to short, like Vinik, I just sell the longs. No waiting for an uptick, as you say.

Having said that, I've still managed to lose money on both positions so far. But I'm no Jeff Vinik.

Gary Korn
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