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


To: PeterGx who wrote (1236)1/20/1998 11:09:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 164684
 
Peter,

I think AMZN now has about 2/3 the market cap of BKS.

I'm not sure about your buy/short strategy. That seems like one needs to pick a top which is very hard to do.

Also, I don't know how much experience you have in shorting stocks, but I would not bet the farm shorting this thing as the MMs like to squeeze it. It can be pretty distressing watching a stock double when you are in too deep. I don't really think it will double from here, but I wouldn't have guessed it to double from $30 either!