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


To: Jan Crawley who wrote (65074)6/28/1999 12:22:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>I am not going to buy puts until a few days before the expiration.

That is certainly your choice. I hope you are smart enough not to be long these dogs through common shares, though.

Understand that the mania has truly ended. It is over. Anyone trying to buy the dips will continue to lose money.

There is no upside left to any of these stocks. None whatsoever. Only 90% downside. That's the cold hard truth.



To: Jan Crawley who wrote (65074)6/28/1999 12:29:00 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
Jan,

Sorry to say I sold 400 amzn, then short 400 more at 103. Only reason is the large number of continuous 5k blocks selling and bringing the price down.