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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (21718)	10/15/1998 4:56:00 PM
From: Jan Crawley	Read Replies (2) of 164684

What do we expect for tommorrow for us panic stricken shorts?? Well, your average is about $97 and you have recovered about $200K; that's not a small miracle. I am thinking that you can box 3K shares, write 10 Nov. puts and leave 1K shares open for the short term. 1. The elephants are shorting Amzn and hedging their longs. Short-squeeze will be weak. 2. 3M to 6M shares are to be unloaded by Junglee/Plant. 3. Cannot think of any "good news" surprises from earnings report.

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