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

To: Peter Church who wrote (6423)	6/17/1998 3:51:00 PM
From: Oeconomicus	Respond to of 164684

Is it true that only amateurs short Amzn? Peter, if the criteria for amateur status is not making money from it, then you are correct... So far. Bob

To: Peter Church who wrote (6423)	6/17/1998 4:03:00 PM
From: Andeveron	Read Replies (1) \| Respond to of 164684

>> Is it true that only amateurs short Amzn? I thought professional short sellers look at fundamental value first. << Nah, the pros short AMZN also. They just know when to step in, with a little help from the likes of Smith Barney, Merill, Salomon, et al. Nice little club to join if you can get in. Strategy: Whipsaw the shorts and as they give up in exasperation, kill the daytraders who are jumping on the bandwagon. When they give up, ride the train back up again. End Result: Confusion, uncertainty, Pros make money up and down.