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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: Jan Crawley who wrote (6494)6/17/1998 11:34:00 PM
From: F The  Read Replies (2) of 164684
 
>>Exercise (assignment) means to purchase the stock at $45. Then try to sell/hold the following Monday.<<

Hi Jan,
So there will be a sell pressure because they want to lock in their profit. People who wrote June covered calls will be likely to liquidate their AMZN stocks. Well, we should be right if not tomorrow or Friday, should be Monday as you mentioned on your previous msg. We have been wrong for so many days and it would be nice if we are right for a change.

Felicia
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