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


To: Glenn D. Rudolph who wrote (71259)8/2/1999 1:07:00 PM
From: KeepItSimple  Read Replies (4) | Respond to of 164684
 
> I believe he bought a boatload of puts on INTC. I am green with envy on that
> one;-)

Glenn, we all know that it makes you feel better when I have a losing trade, as it makes your near destruction while shorting AMZN not seem so bad.

But most of my INTC puts were bought under a buck, and I'm not betting the rent money.. There's still 20 days left until expiration, and I am convinced the analysts are merely pumping and dumping. INTC misses their numbers for the first time in HOW LONG? And every analyst on the planet comes out and says "DONT PAY ATTENTION TO THAT, STRONG BUY STRONG BUY!!"

You think they just _might_ have an ulterior motive?

The fact that its probably the most widely held tech stock by fund managers certainly couldn't have anything to do with their worry.. :)



To: Glenn D. Rudolph who wrote (71259)8/2/1999 1:10:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Yeah believe it or not I was actually asking for his opinions that time. I went ahead and bought a few puts on dclk this morning, even though it is flat, but they were cheap. I don't think the nets can hold any gains. Look at pcln, it tries to rally and falls back every time. The low used to be 75, now 73.

You can pick up some pretty cheap dclk puts here Glenn, might be a fair risk if it gets to 82 again.