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

To: Glenn D. Rudolph who wrote (122179)3/30/2001 9:36:23 AM
From: manalagi  Read Replies (1) | Respond to of 164684
 
It is my understanding that short sellers are taking a risk and there is no recourse for them.

The short sellers who covered by purchasing amazon stock during the Class Period (February 2, 2000 through March 9, 2001) are included in the litigation. I expect to receive invitation to join the suit for those shares that I have covered, but not for the shares that I still have open position.



To: Glenn D. Rudolph who wrote (122179)3/30/2001 2:11:20 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>One should not be selling short unless they understand the risks. Any "artificial" stock appreciation due to management's comments and accounting is only protected by the litigation on the behalf of buyers.<<

and how is that different than the longs?

>>The Attorneys make out in these cases anyhow and the stockholders end up with nothing.<<

you got dat right. but this w/b a nice way to actually expedite the inevitable and take amzn down.


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