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

To: Doo who wrote (3222)	4/21/1998 7:25:00 PM
From: Jeff Olson	Read Replies (3) \| Respond to of 164684

AMZN reports earnings on 28 Apr, if earning are anything above the expected -.48/shr loss the stock will soar to the 120s and maybe the 140s. The great thing about AMZN is it doesn't have to worry about all that overhead that plagues the other book companies such as Barnes and Nobel. Also, it can reach the entire world where as the physical book companies are limited to only those stores they own. Short the stock at your own peril.

To: Doo who wrote (3222)	4/21/1998 8:02:00 PM
From: zebraspot	Read Replies (1) \| Respond to of 164684

At $30(my goal for AMZN), the $80's are worth $50, which is 5x the current $10 price of those puts; at the same $30 the $100's are worth $70, which about 3 1/2x the current $19 price of those. My downside is 100% in either, the upside is 500% versus 350% in the Oct's. Simplistic, perhaps, but the way to look at it if you are confident of the $30. Re: $140(!) if the earnings are a little above expectation. At the current price, the earnings better be above expectation.