Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.75

-1.3%

12:42 PM EST

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To: Jay8088 who wrote (26647)	11/18/1998 2:37:00 AM
From: Gil Gilbertson	Read Replies (1) of 164685

I wouldnt advise anyone to short a stock that is in short supply, I do believe some out of the money puts are a better than fair bet for the following reasons: These tulip type runs end on heavy volume straight up with the shorts getting the mighty squeeze and having to cover. I hope no one is so amateurish as to think this was all fresh buying because they are going into retail and thus are worth a couple of billion more, no way. The entity with the most money wins these idiotic investment fights, and whoever was replacing the shorts with new shorts today, forced the hand and had the most money. More than likely they know they can get the company to sell a secondary at these figures and dont have to worry about being short. If the stock gaps down in the A.M. look out below it will be today in reverse. Also whoever replaced the shorts in todays squeeze probably bought a lot of cheap puts that expire in 3 days. An exciting day tomorrow will be....Gil

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