Amazon.com, Inc. (AMZN) Message Board

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

AMZN 237.36

+0.3%

10:22 AM EST

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To: F The who wrote (6074)	6/15/1998 5:04:00 PM
From: Glenn D. Rudolph	Read Replies (3) of 164684

I still have 1000 naked shorts and lots of puts in which some may expire worthless. I only boxed 500 shares and plan to box more but not at 66. Did you box yours? I have to send some money for my margin call which I have never had this bad experience. But, hopefully it is worth my capital. Well, good luck to all of us. Let me get this out in the open. I am short 5000 shares and own 40 put contracts that expire at various times. Losses today, excluding the puts, $25K. You can imagine total loss since average short cost is around $42. I intend to see this through. I intend to turn a profit. I do not intend to ever short a stock again;-) Glenn

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