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

To: Roger A. Babb who wrote (10804)	7/1/1998 4:54:00 PM
From: KM	Read Replies (1) \| Respond to of 18691

Roger: Are there leaps on Amazon yet? I'd think about buying put leaps or selling the call leaps. No way to tell when and where this thing will derail

To: Roger A. Babb who wrote (10804)	7/1/1998 4:59:00 PM
From: Bald Man from Mars	Read Replies (2) \| Respond to of 18691

Of all the internet superstuds, which one do you think is the first to fall, and which one will fall the most ???

To: Roger A. Babb who wrote (10804)	7/1/1998 5:01:00 PM
From: put2rich	Respond to of 18691

<<When AMZN corrects, it will be sudden and severe with no chance for new shorts, probably drop 50% or more overnight. >> Oh, I just stay put w/ my 100 amzn short, I can not box it except long it in one IRA acc. w/ 100 shares or buy another "better" internet to hedge and have to watch like a hawk. Well I am not pessimistic but see many engineers unemployed (including me today) and definitely a slow down (may be a mild recession in '99) but internet is crazy. I don't have deep pocket otherwise 1 yr from now I doubt amzn is worth $50. You have a gap of $5 that means you believe the blow-off top is some what close. This is the timing game like stealing gold just before a timing bomb explodes at the vault :>(