Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.95

+1.7%

3:53 PM EST

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To: H James Morris who wrote (51018)	4/17/1999 12:05:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

James, >> I don't think that there's a person in all of America that would short the "Thing", right now. << I think we should keep an open mind regarding how high amzn could go (both in terms of over-exuberance and disappointment). A lot of people bought in the last couple of days. I think all of them in expectation of a breakout. My feeling is most shorts covered, also. I am also sure there is wide ownership by funds, especially the internet-specific funds. I don't consider it a sure thing that it will keep any gains past the release of its report. Until then, I think there is a lot of risk both long and short. Here is something pleasing. On Friday you made 5 points on the short side. I made 5 points on the long side, and Jan made a profit on BOTH sides.

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