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

To: Paul Merriwether who wrote (6366)	6/19/1998 4:04:00 AM
From: grasshopper	Respond to of 164684

Yes Paul, You are right, I have been too busy to post much in the past couple of months. I did post my purchase of 10 AOL January 1999 Call contacts at the premium of 15 (now at 25) . Sorry about not posting my AMZN call purchase. I sold them yesterday. I put in a limit sell at 22 the night before and it executed at 25 1/2 at market open. I was lucky to pick up those extra 3 1/2 point, bit I had faith in AMZN when I bouight the calls on 5/1/98. I made $64,500.00 profit less $200.00 commissions on a $12,000.00 investment in onlt six weeks. I'm not sure why AMZN went up so fast.I thought inestors were looking for refuge in stocks imune to the asain flu. This has been my quickest and bigest % gain to date. FYI, I bought the NSCP October 30 CAlls on 4/21/98 at a premium of 3 7/8 (now at 4 1/4) and the LCOS October 60 calls on 4/17/98 at 19 5/8 (now at 12 5/8) and the SEEK June 20 Calls on 3/11/98 for 3 5/8 now at 16 3/4. Not too bad considering my sale of the AMZN October 55 Calls! grasshopper