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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (764)	1/15/1998 5:35:00 PM
From: GLENN TRIEFF	Read Replies (2) \| Respond to of 18691

Do you have a high threshold of pain? I mean If AMZN goes to 80 are you going to sit tight. would you buy a protective call? just wondering. Shorting stocks like this are extremely dangerous. I agree current valuations are way out of whack, but there really is no reason to think that these companies can make a ton of money. Just think about how inexpensive it will be for AMZN to sell books once their infrastructure is paid for. The only thing that can get in the way is competition. Overhead will be minimal. Getting into price wars will be tough. Economies of scale are mind boggling. Good luck