Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (10455)	6/23/1998 10:01:00 PM
From: put2rich	Read Replies (2) of 18691

Roger, do you think any large risk in shorting amzn at 92+? I don't think so and will short 100 shares as quickly as I have money in my account. Hope that amzn still goes up while my check arrives. If I were one of amzn employees w/ more than 10K shares I am more interested in selling my stocks asap at this level and retire than packaging books/CDs and mail it (basically a mail-order-company which grows to 5B in less than 2 yrs!). In your experience have you ever seen any other phenomenon like amzn (aol, yahoo) yet still thrives and does not fall (KTEL, ZITL, PRST I guess are in small cap). The dilemma of shorting amzn is that the price can go higher to 200, 300 as some wants/fears, but if you don't take risks when it crashes it is too late. So hope that I can short 100 at 92+ then if I am badly wrong will short 100 more at 122+, then might sell all I have now and short at 152+. In short, I think if one can hunker down the most 1 yr, the return in shorting amzn is great. (Just a common sense opinion - I may be wrong badly again)

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