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


To: H James Morris who wrote (99016)4/5/2000 12:48:00 PM
From: Chung Lee  Read Replies (1) | Respond to of 164684
 
Bought NXTL 128 for a bounce.



To: H James Morris who wrote (99016)4/5/2000 10:13:00 PM
From: Bearded One  Read Replies (2) | Respond to of 164684
 
Not to say that Amazon is the best short, but it has several advantages over many other potential shorts:

1) It's a big company-- lots of stock, lots of volume, so easy to get in and out of.

2) It's headed toward insolvency which is one of the few things that cause people to actually notice what's going on.

3) The management is being super-aggressive with accounting, which gives the added possibility of a future restatement of earnings.

Finding a 25 billion dollar market cap company that you can short hopefully to zero market cap is not a common occurance.

Like any other short, you have to believe in your view of the company.