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

AMZN 227.35

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Dec 19 9:30 AM EST

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To: Jan Crawley who wrote (6494)	6/17/1998 11:14:00 PM
From: Mike M	Read Replies (1) of 164684

<< ask the broker(house) to close the option and put the $3,100 into their account directly.>> Jan- Where would the $3100 come from to "close the option" as you put it?....Once an option is written and purchased, it will either be sold to someone, expire worthless or exercised....the broker simply conducts the trade on the client's behalf, he doesn't underwrite the value of the option. Mike

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