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

To: Mark Myword who wrote (5296)	6/9/1998 8:13:00 PM
From: Eric D. Moody	Respond to of 164684

I agree that this stock is overvalued. I am trying to figure out how to profit from my wisdom. Perhaps I will go buy a book on how to analyze and purchase puts and calls. As a matter of fact, I think I will go to amazon.com to buy that book. Do you see the flaw in this logic. As much as I think this stock is overvalued, it seems like everyone I talk to has bought books from amazon.com. I did buy some July 50 puts today. Good luck to all.

To: Mark Myword who wrote (5296)	6/9/1998 8:25:00 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

Cs & Rr, please keep your dislike for each other off this thread. You guy's can just e-mail each other and end this boredom ! Wow, what an interesting day. This money looser, goes from 40 to 51 in 2 1/2 days. Well, lets get everything in perspective. Who did the buying and who did the selling? Not us little guys, I guarantee you. This is a short squeeze and their taking no prisoners! The biggest buyer of Amzn today was Merrill/lynch, over 180,000 shares bought. Right now they have a lamb to the slaughter, yep, thats us! I would not recommend going against the manipulators until this euphoria ends. They, who contols the float, can't loose, until they think, its time to leave.