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

To: KeepItSimple who wrote (65648)	6/30/1999 2:07:00 PM
From: Randy Ellingson	Respond to of 164684

I'm heading out for an ultimate (frisbee) lunch, and I expect that whatever happens with the market and your puts etc., you will have handled it with (unusual) style and grace... Randy P.S. I would not want to be holding puts on AMZN if the market decides they really want to buy some, today, right now.

To: KeepItSimple who wrote (65648)	6/30/1999 2:10:00 PM
From: Eric Wells	Respond to of 164684

Unless you like playing craps, I think the best approach is to do nothing until the dust settles. A sell-off after the 2:15 announcement may be followed by a rally - and a rally may be followed by a sell-off. The dust may not actually settle until Friday - or even Tuesday. I'm on the sidelines with cash. -Eric

To: KeepItSimple who wrote (65648)	6/30/1999 2:16:00 PM
From: Tradegod	Read Replies (1) \| Respond to of 164684

KIS, for goodness sakes be careful. I would also encourage you to have pre-filled sell orders for your puts if the nets do go down. I could see a strong rally if we do get a selloff. The issue of the nets' valuation has been fought over the last two months, and the market is apparently comfortable with them in this range, even pending Fed news.