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

To: Paul Merriwether who wrote (72816)	8/9/1999 6:59:00 PM
From: Lizzie Tudor	Respond to of 164684

I think the way to play these stocks on the short side is to buy at the open with a limit order for the prior days close. Then sell mid to late-day, which tends to be the low. Then do it again the next day. Today I had a buy order in for pcln 70 puts at 4 3/8, which was friday's close - high I thought, but true to form the stock opened higher and I got my puts at 3 3/8. I then sold at 5 during the day sometime. I have no idea why these net stocks open higher so often but they do, and its just a split second move if you can get it.