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

To: Joey Two-Cents who wrote (10376)	6/21/1998 2:37:00 AM
From: Dale Baker	Read Replies (3) \| Respond to of 18691

Now that ZITL has refloated my options account a bit, I'm looking at some January 1999 puts on several stocks which seem likely to tank. Opinions are appreciated on these possible puts: AMZN JAN 99 50's at 4 3/4 JPM JAN 99 90's at 1 15/16 DIS JAN 99 80's at 2 DIS JAN 99 90's at 4 Already picked ZONA NOV 20's on Friday.

To: Joey Two-Cents who wrote (10376)	6/22/1998 4:20:00 PM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 18691

<I have a gut feeling that AMZN may not see its high of $ 80 surpassed for a very long time if ever.> Sometimes 36 hours seems like a very long time.

To: Joey Two-Cents who wrote (10376)	6/23/1998 1:58:00 PM
From: rocklobster	Read Replies (2) \| Respond to of 18691

JTC, I appreciate your candor in pointing out your comment here about Amazon not seeing $80 again for a long time. It appears that you may be right about that after all, It may not come back DOWN to $80 for a very long time AMZN up 6 1/2 to 87 3/4. <VBG> Unbelievable. There greater fool theory reigns on. I think I'm going long AMZN with a 50 % upside target by next week. just kidding but I wouldn't be surprised to see 100 by the end of the week. Edit , did I say 87 3/4, make that 88 1/4 <ggg> Later, Richard