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

To: H James Morris who wrote (7029)	6/22/1998 1:19:00 PM
From: Tom D	Read Replies (2) \| Respond to of 164684

AMZN=unacceptable risk HJ, I don't recommend shorting this stock. Buying puts is tough because the premiums are brutal. Please tell me why management isn't going to declare another 2 for 1 split, and why the stock isn't going to double AGAIN by the year's end? I don't see why whatever caused the last doubling couldn't cause another doubling. Incidentally, I also don't recommend buying it. Too much risk of it going down. The most rational strategy, IMHO, would be to short some other internet stocks which are not part of the Kleiner Perkins keiretsu. Walk away from this dragon, Sir Lancelot, you don't have to slay it. Let some other fool volunteer to engage in this battle to the death. Your calling is to maximize your return while keeping risk at acceptable levels. Best Regards, Tom D