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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: KeepItSimple who wrote (62466)6/14/1999 5:21:00 PM
From: Mac S. Giballa  Respond to of 164684
 
Tell her the joke again tonight. It'll sound funnier now that you've got a couple more million in the bank.



To: KeepItSimple who wrote (62466)6/14/1999 5:32:00 PM
From: Sam Citron  Read Replies (2) | Respond to of 164684
 
KIS,

I too wish to congratulate you, most especially on your wise decision to close out your put positions today. You are an astute trader, so why muddle your words by referring to today's melt-down as an indication of mania or pretend to know the intrinsic worth of a newly emerging internet juggernaut?



To: KeepItSimple who wrote (62466)6/14/1999 7:40:00 PM
From: Tradegod  Respond to of 164684
 
Lest everyone wear themselves out congratulaing KIS

Consider his own words:

To: +gladman (61768 )
From: +KeepItSimple
Thursday, Jun 10 1999 3:13PM ET
Reply # 61770 of 62495

Just bought 80 Jun 115 puts @ 5 bucks per.

(update, just got the confirmation on 50 Jun 110 puts at 2 7/8)

----------------------------------------------------------------
To: +Glenn D. Rudolph (61840 )
From: +KeepItSimple
Thursday, Jun 10 1999 11:26PM ET
Reply # 61853 of 62495

> CMGI may do it for us:-(

Hopefully it'll translate into another 4-5 points downside on AMZN as well. Afterhours AMZN dropped a buck today to 115. No way am I holding the puts past monday tho.. I've seen enough "SUPER DUPER STRONG BUY" recommendations come out 4 hours before expiration to know how the game is played. :)
---------------------------------------------------------------------
To: +Glenn D. Rudolph (61871 )
From: +KeepItSimple
Friday, Jun 11 1999 12:54PM ET
Reply # of 62496

As for "in and out quickly" I bought my puts around 3pm yesterday,
and just sold them today at 9:45am. I made 104% on my money.

-------------------------------------------------------------------
To: +William Harmond (62019 )
From: +KeepItSimple
Friday, Jun 11 1999 7:27PM ET
Reply # 62020 of 62499

> ROFLMAO.

It's good to see that you can still laugh, while you are losing your shirt.

> What's your "100% short" position now?

Combination of puts/sold calls/short common in
EBAY/YHOO/AOL/AMZN/PCLN. If you would like specific strikes
and entry points, I'll have to type them up for you. All but the AOL puts were initiated today, and the AMZN puts were re-inititated today after I stupidly covered this morning. I missed a good 15% of downside on that one today because I didnt want to get too greedy. :)


Looks like he took a few puts Friday afternoon. His 1.7 million is dreamin'.