Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.25

-2.0%

3:59 PM EST

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To: Mark Fowler who wrote (10729)	7/17/1998 6:12:00 PM
From: EliBenTedrus	Read Replies (1) of 164684

Well, when I made my short (at 143 1/4) I did so prepared in capitalization of the particular trading account for the stock to double. If AMZN can squeeze me that hard... well, I always have always enjoyed a good bear hug :) This curve and market craze is as classic as they come. Cover at 90? Get real. I know a speculative bubble stretched to breaking point ("el tanker royale") when I see one. Do you? I've no doubt many longs will (if know when to get out), and have made good money. So will the shorts on the tank. But these people trading options with strike dates two or three days out gotta be loco. Who can see where a curve this noisy is going by next Friday? Any thoughts from the short term options traders? I stay clear of those derivatives myself... especially the near term ones.

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