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

AMZN 226.10

+2.5%

3:59 PM EST

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To: BayPig who wrote (9771)	7/9/1998 8:37:00 PM
From: DancesWithFedCalls	Read Replies (2) of 164684

BayPig, Puts, and the Never Ending Story... BayPig, Long-time, no-see, eh? ;) So here we go into yet another options expiration and I again find that I am holding on to a large number of largely worthless puts! I thought that passing on June and buy July options expiration would be safer, but what happens? The stock triples! But I hear that the "trend-is-our-friend", so maybe things are looking up? (though I guess I there's not much hope for those 37 1/2s, eh?) Did you see the posts on the yahoo board reporting that AMZN was trading down around $95 afterhours? Too good to be true as far as I'm concerned. Tomorrow should be very interesting. I too would like to say hello to other regulars on this board - I keep thinking I should have been saving copies of some of the message exchanges that have taken place these last four months - this stuff would probably make for a pretty good novel... Glenn, do you feel like playing the protagonist? -dances

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