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

To: Towntarget who wrote (7672)	6/25/1998 10:24:00 PM
From: FDHIII	Read Replies (2) \| Respond to of 164684

HELP PLEASE!!! 1. What about the rumors of a 3-1 stock split in the near future??? 2. At what price would it split? 3. Where is it going after the split/news of it? Any response to my post would be wonderful... P.S...thoughts for tomarrow AND the next week... Regards- ~Franz

To: Towntarget who wrote (7672)	6/26/1998 3:19:00 AM
From: Andrew	Respond to of 164684

I see your point, yeah, if they would announce stock split, AMZN could go higher and probably all my July puts will be dead. But I doubt it. I think many people are still looking for some heavy drops from this AMZN, since July 60 put is still trading at 7/8-1, if this put was for other stock, it should be at 1/8 by now. this put was 1 3/4 -2 1/4 when AMZN was 80, the time premium doesn't seem to be disappear on most of AMZN puts. I don't know how many shares you have, but I'm pretty sure that it won't hurt you spent few thousand to buy some of these puts. Good investing Andrew