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

To: Tom D who wrote (3391)	4/28/1998 3:52:00 PM
From: Deepak	Respond to of 164684

Its been a good day for AMZN longs. It seems that we were right when some of us speculated that a deal (or deals) were in the offing. I stuck it out at the bottom yesterday morning and it has paid off. Sold 5 contracts May 75 Calls @ $20 - Bought at $10 Sold 10 contracts May 100 Calls @ $5 3/4 - Bought at 3/4 Stock @ $99 now! Is it time to buy Puts? Good luck folks. I hope the shorts had covered in time. I agree this is (and was) a crazily overvalued stock but I have learnt that when the market is in a mania all bets are off.