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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST
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To: J Moberly who wrote (8842)7/4/1998 9:57:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
The stock is borrowable at the major firms to these accounts although there
is no short rebate(for those of you who are sophisticated enough to know what that is).
This stock will eventually collapse just as KTEL, MU, WDC, PTEN, CHK, and many
other stocks that many thought could not go down. AMZN may hit 150 who knows, but I
know FOR SURE that these institutional players that account for a large percentage of
the short interest have been stung badly already but are still there and adding to current
positions

J,

Thank you for the information. I really appreciate it. I must admit I am not clear on what a short rebate is. Could you please give a brief explanation?

Glenn
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