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

AMZN 231.91

-1.0%

11:57 AM EST

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To: Jan Crawley who wrote (15733)	9/2/1998 10:23:00 AM
From: OtherChap	Read Replies (1) of 164684

Big sellers! Check out the ticker, I've seen three blocks of 10,000 traded at the bid. Sells. I have yet to see a trade at the ask (buy) above 3000 shares all day. Buy the October 60 puts, currently going for around 4 bucks. (symbol, YZNVL) With a 26 dollar premium and plenty of time until expiration, they seem to be the best value. Besides, 60 is still 12 points above Merril Lynch's price target! Easy money, and they can't squeeze you out of your position!

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