Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.06

+0.4%

3:59 PM EST

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To: OtherChap who wrote (18083)	9/23/1998 8:59:00 PM
From: Jan Crawley	Read Replies (1) of 164684

In any case, I managed to short 8000 _shares_ of Amazon today from my full service brokerage, at an average cost of 103. I can sleep easier not worrying about the value of my investment disappearing in a month. I can afford to ride this short squeeze out even if it were to go to 300 per share. Hi OC, I know(and hope) that you are not kidding; and intuitively I know that shorting Amzn at this level will be nicely rewarded if you can afford to hold them for as long as necessary. But why did you short so much at one time? You are making me think!! To short or not to short; 500 shares and hold them "forever" if necessary!

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