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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: Sarmad Y. Hermiz who wrote (42375)2/25/1999 2:01:00 PM
From: GST  Read Replies (1) of 164684
 
Sarmad <you are a little more extreme in your views> perhaps, but I did close out my puts last Thursday within a few points of the bottom and did not add a new spec position. My spec position on NEM by the way lasted all of one day -- an expiration play. I do own the stock, but not as a trading vehicle. For me to make money on AMZN puts I have to pretty much get it exactly right -- with shorts you have a different calculus -- also worth keeping in mind.
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