Amazon.com, Inc. (AMZN) Message Board

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

AMZN 243.08

+0.9%

Nov 6 3:59 PM EST

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To: H. Lee Grove Jr. who wrote (11210)	7/22/1998 1:33:00 PM
From: Steve Lachance	Read Replies (1) of 164684

I agree with this prediction, but why have you chosen this Spread strategy. I'm concerned about the premiums being so high. Are you concerned about the stock taking longer to retreat than most predict? If so, the stock will have to fall fast to make that difference in premium price. Why not just go short? Is everyone having a hard time borrowing the stock, just curious. Do you think the stock will be available to borrow tomorrow morning for short sale? -Steve

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