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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Gary R. Owens who wrote (9957)	6/12/1998 1:01:00 AM
From: larry	Read Replies (1) \| Respond to of 18691

Gary, I never really liked AMZN as a company. However, I did love to TRADE this issue on the long side. To easy for the MM to play short squeeze games, and when you catch the right time, you are in for a nice and safe (did I say safe?) ride. I think that it will pop up to 68-75 before pulling back to set up another bear trap. The momentum players won't abandon the issue until it runs to 100 and the issue has another split. The fact is that when the floating shares increase dramatically and AMZN starts to make money and begin to have an PE of 10000 (!), watch out (to see the issue drop). larry!