Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: IceShark who wrote ()	10/1/1998 1:33:00 PM
From: Jan Crawley	Read Replies (1) of 164684

IS, I am being honest; really. Think about it, If I am shorting 1,000 shares right now or having a large exposure, then all the "magic touch" will be out of the window. I had the 60K problem barely three months ago! For example, among others, I wrote 2 Jul 100 uncovered call contracts (after the split announcement) for $3 7/8 premiums in (late May, or early Jun), and thought nothing about it. Then after the actual split, it became 4 Jul 50 uncovered calls for <$2 premium. Imaging covering those when Amzn was $122 on July 7 or July 8! It was very stressful and I made all the bad moves possible! Anyways, enough of my past with Amzn, that's gone! Jan, :))

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