Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sanzen who wrote (6413)	6/17/1998 3:50:00 PM
From: Ed Zhao	Read Replies (2) \| Respond to of 164684

I recommend January possibly 65s. Why pay extra premium for Jan option. Buy July Options. Many people engaged in short squeezing sell short term puts. I picked up July 65 put at 3 1/8 in the morning. Some lucky guy got it at 2 1/2. If the INEVITABLE crash in AMZN stock does not come in July, there could be no such crash at all (AMZN actually turned out to be a Wal-mart on the Internet, Chance: 1/1,000). Meanwhile, instead of feeling rage of the short squeezers or feeling sorrying for ourselves, we short can spend for time discussion what will make Amazon the company to tumble. Some of reasons I can see: 1. The music store never become successful. As a late come in the music business wheres competitors are much more visible, the much hypered music sell become a flop. I'll not be surprised to see that. 2. I see AMZN will be a real thread to traditional book stores but BKS and Borders Group will do everything to preserve there investments in the super stores. If Amazon started to carve in their sells, they will have to change there business model. One thing they can do is to transfer the book store into a book showcase and install computer terminals in there store so if customers see a book they're interest but want to order online, they can order from Barnesandnoble.com in the store instead of going home and buy from AMZN. XZ