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

To: Alomex who wrote (1246)	1/21/1998 12:15:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 164684

Congrats Alomex. I hope thousands of other shareholders agree with you re "this is the time to sell" here at $60. BTW, has anyone found an earnings release date? Can't confirm the quote I found that said 1/22. Perhaps they will wait for audited numbers? Bob

To: Alomex who wrote (1246)	1/21/1998 12:19:00 PM
From: William T. Katz	Respond to of 164684

I've just shorted 100 shares at $60. Not much of a position, but I aim to double the short after earnings. I'm not sure what will happen after earnings. If they blow out earnings, it will go higher but then I also think a number of people are waiting for that to short and sell long positions. So I agree the upside is limited. Fundamentally, I just think this company is overvalued and I'm willing to start accumulating a long-term short position. Just have to make sure I don't overextend the size of my short so I feel comfortable regardless of the big swings that are likely. -Bill