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

To: Jan Crawley who wrote (100377)	4/13/2000 12:51:00 PM
From: Bearded One	Read Replies (1) \| Respond to of 164684

Got news for you... I'm a big short of Amazon and I've not shorted more in the past two weeks. I've covered some-- it's called not being greedy, something some people around here haven't learned yet. My shorting took place in the mid to high 70's. Big drops in general for a company like Amazon are not the work of the shorts. We actually cushion the fall somewhat. In this era, shorting a stock enough to make it go down is just begging for the day traders to coalesce and squeeze the stock. And Amazon is a 20 billiion market cap stock to begin with. Amazon's downtrend was due to selling.