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To: Ron McKinnon who wrote (44313)10/25/2002 8:28:42 AM
From: Joe Stocks  Respond to of 53068
 
>>your 20 puts should bank nicely<<

I hope so. If I didn't have the puts I wouldn't have been so quick to dump my stock. I thought the puts were cheap yesterday for AMZN just before earnings. Paid $1.55 for Nov 20's. Of course Nov expiration comes early on Nov 15th- just 3 weeks from today.

Earlier in the year AMZN talked of a positive "net" profit. I don't see any reference now to "net" profits. Just pro forma. Maybe that's part of what the street is looking at.

Joe