Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Rob S. who wrote (15750)	9/2/1998 11:10:00 AM
From: Peter Bernhardt	Read Replies (1) of 164684

I sold some puts on NZMA yesterday and will sell more if it drops again. It's risky until a support level is established but for now... An admirable strategy. You could be right about the lack of direction for this stock over the short-term. Myself, I rolled out of my Sep puts and picked up some Oct puts with a portion of the profit. By the middle of October, I hope to see this stock truly begin trading based on its fundamentals. For the moment, however, this is a trader's stock. - Peter B

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