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

To: H James Morris who wrote (125525)	5/25/2001 1:46:37 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

Puts on companies like GE are cheap because it's total blasphemy to think that the best managed company in America could ever go down.. If you're timing is right you can get 10 baggers out of them. Puts on companies like AMZN, BRCD, CIEN, JNPR, SONS, etc are expensive so even though they are good shorts, they are not the best leveraged shorts out there. It all depends on your style. If you are happy with 20%, 30%, 40% a year, just short a bunch of overpriced tech junk. But you will never make more than 100% shorting a stock going to zero. You can buy puts on GE and if it drops 20 points you just made 10 times your money. Most bubble junk out there have puts that are expensive enough that you need a 20% drop just to start making good money. The best percentage short plays out there are NYSE stocks that are less volatile and haven't fallen as hard as tech stocks. No one ever thinks the Dow is going to drop, so puts are cheapo. Everyone thinks the Naz might retest 1600 and puts are priced accordingly.