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

To: Glenn D. Rudolph who wrote (88331)	12/22/1999 1:47:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, after reading the last Mary Meeker interview there's a good chance that I'll go short on Amzn next year. Right now I'm holding calls, and I was happier when the "thing" was @ 113. The only reason I haven't sold them is I'm hoping that Amzn does the anticipated 1 billion in revenue. Remember what Mary said about Amzn results will be the most watched ever in her investment career. Ps Bought some Afco. <<AFCO is a manufacturer of thin film coated glass for the liquid crystal display (LCD) and flat panel display (FDP) industries. AFCO shows a market capitalization of about $52 million at its current valuation with 3.4 million shares outstanding. An estimated float of 1.3 million shares has resulted in strong upside volatility for the stock. >>

To: Glenn D. Rudolph who wrote (88331)	12/22/1999 8:14:00 PM
From: craig crawford	Respond to of 164684

>> He was short and bought puts like a few other people I know. << Never lost money on AMZN short the common. It was the deep in the money puts that got me. I was a fool for putting so much money on the table, but it was tough to get shares and I didn't want to pay the outrageous premiums for OTM puts. My deep ITM puts traded 1 for 1 with the stock. Only trouble is the stock went up like 200 points...hehehe. Don't forget though, I made a lot of dough shorting/buying puts on AMZN from 135 down to 85 so I could absorb some losses.