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

AMZN 233.23

+1.8%

12:59 PM EST

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To: Glenn D. Rudolph who wrote (40632)	2/18/1999 1:33:00 AM
From: Victor Lazlo	Read Replies (1) of 164684

We are in the early stages of a mean correction. Shorted PTEL today at 15; (my order was only partly filled, darn!!) PTEL will lose $11 per share net this year, if nothing goes wrong. Co's annual interest burden is half of its annual revenues. Same, approximately, goes for omnipoint. I will try again with ompt tommorow. Shorter's dreams, IMO. I also tried to short CCU today, but it went down so the uptick I needed did not happen. CCU is losing big $ and they are acquiring another $-losing, big-debt co, Jacor. Victor

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