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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.99-1.1%3:59 PM EST

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To: H James Morris who wrote (47172)3/24/1999 10:37:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
James,

I have a box 300 by 300. I uncovered my short shares but I rode them down to 130. Then neutral to 124, I uncovered the longs at 124, 122, and now at 116. So I am now long 300 shares.

I know you are looking for 2-digit price. I don't know. Either Amazon is a gold mine, or it is fool's gold. I think it can't stay around 100. Either it goes up toward 150, or it will get trashed to 40 or less. I also think it will go up and down violently between now and mid April.
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