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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.69+1.7%Dec 10 3:59 PM EST

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To: OtherChap who wrote (19765)10/2/1998 9:51:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 

There's nothing Count Dracula can do about the November puts, because they expire
several weeks after Amazon reports their earnings. I agree that the October puts are very
likely dead money, which is why I don't hold any.. If you MUST gamble with the
Octobers, only buy deep in the money puts.. The premium doesn't matter much as long
as you only hold for a day or so- and happen to pick them on a day it doesnt jump up 16
points. :)


OC,

I am wondering why you believe the financial release will have affect on this stock. This "thing" has not traded on fundamentals since the day I got beat over the head with it. AMZN could lose 500% more than in the past and no one would care. I am not sure they even care about revenues. There is no correlation between market cap and any fundamental I can find.

Glenn
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