Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: put2rich who wrote (10937)	7/5/1998 2:58:00 PM
From: Roger Smith	Read Replies (3) of 18691

Hi Thanh Dao I hope you are employed now. I agree with you that Silicon Valley is going to slow down dramatically. Please do not try to avaerage up on AMZN. I did it and feel very bad about this. Wondering every day as how am I going to get out of this. I know that sometime in future, this stock is going to get cloberred. My average short price is about 50 and I too deep in red. Even my short position is very large.I was wrong in shorting this high flier and accept my mistake. Based on what I saw on Thursday, the last one hour was very erratic. AMZN was be all over the place. If somebody tries to dump 50000 shares, MM would briong it down by 5 bucks. (reverse is true too)

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