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

To: Peter Church who wrote (78776)	9/28/1999 10:29:00 AM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

Peter Church: I'm not shoring AMZN. But I've made quite a bit of money shorting EBAY and buying INTC puts over the past two weeks. I have no equity or derivative positions at the moment. I think there is a good chance that the DOW, Nasdaq and DOT will all end positive - due to end of quarter window dressing and due to positive sentiment regarding the strengthening dollar from the G7 meeting. Next week may be a different story, however. Anyway, why are you asking about the whereabouts of the bears? -Eric Wells

To: Peter Church who wrote (78776)	9/28/1999 11:17:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Where are the bears? Hi Peter, I am waiting to short Yhoo right after the so-called Yhoo e-run. I think that Yhoo will report around Oct 8 or Oct 11. I don't think that shorting Amzn at the $60's is a good idea. I think that giving the (a)Janus's holding, (b) short interest of 16M shares, Amzn has a $50 to $90 range for the next three months. I shorted Pcln for small gains in the past two weeks.

To: Peter Church who wrote (78776)	9/28/1999 11:24:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>Where are the bears? Doesn't anyone short stocks here anymore? << Peter, shorts banko in the last year?? That's not true!! Amzn had two very nice declines from 200 to 80 in 99. I'm not the only short that enjoyed those declines. It was the shorts/puts of 1997 that got crushed including myself. I currently have 1k long shares @65, hoping that between now and 1qtr results, Xmas expectations will push the pig back into the 100's. I've also made some nice profits shorting eBay. I currently have no position on eBay, but feel it's a better short right now than Amzn. I wish Amzn had never split! Could you imagine shorting Amzn at $1000+ per share in 2000? It would look like a baby Berk, don't you think? Most investors look at Amzn as only being a 60-70 stock. Which is cheap by new economy standards. Ps I've always enjoyed my Msft splits. Do you know I never worried about Msft from the getgo? Mainly because it was always profitable. How investors can continue to buy Amzn is beyond me. But maybe I'm not your average kinda guy.