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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Jay8088 who wrote (21705)	10/15/1998 4:52:00 PM
From: M. Frank Greiffenstein	Read Replies (2) of 164684

Nov puts, RIP.... I'm with you Jay. During one of those rare moments when AMZN went negative today, sold my Nov100 puts at a loss. I always lose money when I break my rule of never buying expirations less than two months. I was so sure AMZN owuld collapse, Glen was so sure, Jan was so sure....hey, I guess bearish sentiment is a contrarian indicator, LOL. Anyway, I am waiting for this rate cut to play out. Everybody is getting excited now, they expect another rate cut at the Nov Fed Meeting. Still got my NVLS and GTW puts. Looking at shorting AOL and YHOO again, hoping for another crazy blowoff rally tomorrow. DocStone

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