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

AMZN 232.49

+0.2%

Dec 30 3:59 PM EST

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To: Mark Fowler who wrote (47511)	3/26/1999 6:43:00 PM
From: GST	Read Replies (3) of 164684

Mark -- p.s. -- bought more puts on MSFT today (I know, I know). My take on the market is that we are going to have some liquidity issues soon and there is a lot of room for the market as a whole to go down. The nets may stay up a little while longer -- but there is a lot of air under them -- like that old cartoon about the coyote going off the cliff and continuing on for sometime before looking down and going -- yiiiiiikes. I am crossing my fingers that the pros will pull back first, taking the last of the leaders down a notch, and I hope the AMZNs stay up so I can roll out of MSFT into net puts. Sorry, I respect your abilities but find myself unable to buy into nets at these levels (I know, I know). Have a good weekend.

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