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.

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

To: put2rich who wrote (10469)	6/24/1998 9:53:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 18691

thanh, it has not happened yet, but at some price a bunch of those AMZN insider shares will appear on the market. AMZN will see $50 again, but could see $150 first. Logic is out the window now, but it always returns...........

To: put2rich who wrote (10469)	6/25/1998 3:02:00 PM
From: Marconi	Respond to of 18691

Hello Mr. Dao and all: Just got word a few shares of AMZN were available to short. This is a first for me in recent history. Took a starter position--sold 200. Revisiting options strategy of writing calls, buying puts. With volatility adding 10 to pricing up to the nearest month expiration, for writing of 110 calls and buy of 90 or 95 puts, would have to go to around 130 upside to lose, and if stationary for 6 months--bail at a wash, and if back to April by year end--a few multiple potential. Started the day with a first time going with the momentum buy position using options (reduced exposure downside), then switched to the near peak approach just mentioned. With shares available, change may be afoot. Best regards, m