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

To: Jan Crawley who wrote (65948)	7/1/1999 6:46:00 PM
From: Greater Fool	Respond to of 164684

OT ... >>Have some pendings to write 10 Intc calls I'm in the chip industry and have observed a substantial glut in microprocessors gaining steam over the last three quarters or so. Look at the increase in Intel's finished goods inventory since Q398. And there was a tremendous amount of price competitiveness on Intel's part over the last quarter. I think Intel will come out with worse than expected earnings and is poised for a fall. - Gerrold Freeman

To: Jan Crawley who wrote (65948)	7/2/1999 7:01:00 AM
From: Iris Shih	Read Replies (1) \| Respond to of 164684

Good morning Jan, I traded amzn july and Aug. options yesterday for some points gain. I stole the idea from you and put in my limited orders before market opened. And got them at the lows. Sold them in 2 hours. In face of the bamm news, I thought it acted well. Amzn needs break its 50ma:131+. It has attacked that area twice. If it can break there with good volume, it will get to 150 easily. If not, we'll have to find another better game play. What's your target for intc near term? I am thinking about July 67.5 for 1 1/2~2 Or are you going to wait for the earning coming out? Iris