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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (4795)12/19/1997 8:06:00 PM
From: Don Westermeyer  Respond to of 27307
 
William,

I shorted AMZN with an average price about $54. Watched it drop to $42, then got squeezed to $66! Sort of like Yahoo! I think AMZN may be starting to crack a little. I don't get my hopes up too high these days.

I think AMZN will be a $20 stock by the end of next year. That is assuming the other booksellers like BKS, etc. make a better effort to sell on the Web.

edit-

If you are asking what brokerage I used to short it, it was Fidelity.

Don