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

AMZN 229.12

-0.2%

3:59 PM EST

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To: cellhigh who wrote (24278)	11/3/1998 9:29:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

what is your aprox. cost basis? for this run mine is 97.(long). cellhigh, It is not easy to calculate. The reason being at times I was boxed, at times I was long and the short from last spring I ignore<G> I am money ahead since last July about $130K but I am $145K behind on AMZN for the year. I am not being evasive but rather my position is complex. I have short 6,500 shares and long 6,000 shares. I own Jan puts that are a worth a lot less than when I purchased them. I do not like to prdict a stock movement but plan to unbox all my shorts today. With that and my puts, I can gain a lot quickly on the downside. Let's not discuss the upside;-) Glenn

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