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

AMZN 228.76

-1.6%

10:22 AM EST

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To: Sarmad Y. Hermiz who wrote (54523)	5/3/1999 5:15:00 PM
From: GST	Read Replies (2) of 164684

Sarmad -- Looks like you have it right on AMZN -- I have not had time today to follow the thread or post, but after the earnings you pretty much targeted the 120-40 end of things and that looks to be where we are headed. For myself, I rolled out of NEM calls today and went 30% cash and the rest into LSI calls where I hope for a pop. I really like LSI, as you know, and I was starting to wonder about NEM in the next 24-48 hours. The Price of gold has yet to do anything and so I thought I would give it a rest with the stock still up considerably. There are lots of economic reports out this week -- what a market to be long the cyclicals -- but, of course, short the nets. Good trading

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