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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: Jan Crawley who wrote (50508)4/15/1999 10:13:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Jan,

>> why do you want to short 1K shares if 155? Tomorrow is an expiry date.

This will sound as stupid to you as it sounded to others. AMZN moved from 120 to 140 when doubts about revenues were forgotten. Fine. Let's grant that 140 is a good place to wait for Q1 report.

Then it moved from 140 to 195 on news of the auctions. The auctions have failed. It should go back to the 120 to 140 range and wait for Q1.

By the way, I posted that to Eugene when amzn was 185. So it is not something I made up today.
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