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


To: Glenn D. Rudolph who wrote (122237)3/30/2001 9:43:07 PM
From: Gary Korn  Read Replies (1) | Respond to of 164684
 
I believe I did start in 1997. I would have to look

Glenn,

I looked at my Quicken transaction register. Since we began together, you first shorted AMZN on March 10, 1998. The price at which we first sold short (i.e., the very first trade) was a non-split adjusted price of 83. Since there have been 3 splits since then, the split-adjusted short price for your (and my) first short was 10 3/8ths.

Had we held all this time and covered just today, we would have made 14 1/2 cents per share on that first short. Big whoopee.

Gary Korn