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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (16573)1/6/1999 10:28:00 PM
From: Timoteo  Read Replies (1) of 18691
 
AMZN-FWIW I shorted AMZN while I was on vacation last week and covered same day making back some of the money I lost earlier. AMZN has now surpassed the $400 price target (split adjusted) that seemed so ridiculous a month ago. At 21 billion and counting it can't go up forever. Eventually someone will tell the emperor he has no clothes. I am waiting for any weakness before I pounce again, but it may come tomorrow.

Best,

Timoteo
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