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

To: Mark Fowler who wrote (8641)	7/2/1998 9:29:00 PM
From: hal jordan	Respond to of 164684

How's this for an AMZN strategy-- buy both puts and calls at the same strike -- out to Oct. By then, this stock hits either 200 or 50. Hal

To: Mark Fowler who wrote (8641)	7/2/1998 10:39:00 PM
From: snoman	Read Replies (5) \| Respond to of 164684

Mark From your posts I gather you are one of the few who believes in this truly Amazin valuation. What I can't figure out is what this 'mother of all e-commerce' has over B&N, which also does business over the net. I have been to both sites shopping for books, and frankly I cannot tell much difference. What is this Amazon magic I am missing? sm

To: Mark Fowler who wrote (8641)	7/2/1998 11:33:00 PM
From: Satellite Mike	Read Replies (1) \| Respond to of 164684

Iomega or Boston Chicken could have used their stock for acqusitions, too, but the market finally realized that they were ridiculously valued. I believe Iomega's revenues are significantly higher now than they were when its stock price was ten X current levels, Presstek's, too. Funny how the market is, often when the company actually starts to make coin, this stock is a fraction of where it was they had huge losses. Mike.

To: Mark Fowler who wrote (8641)	7/3/1998 1:51:00 AM
From: slipnsip	Read Replies (2) \| Respond to of 164684

i think you left one important fact out--or Amzn could use it stock to make an important strategic acquisition. Just speculating here too. This is making the assumption that someone would be willing to be acquired by accepting hyper inflated AMZN stock.. That being said, I doubt that they would if they could not liquidate it instantly.. Either way, it would tank the stock... AMZN is stuck in a box as well. They have no way of taking advantage of their current market cap without diluting the current stock. As soon as this float increases, this baby dives. Catch 22... With the recent hyper coverage given to the internet stocks, I am even more sure that this is nearing an end. Any time CNBC designates 2 cumulative hours of their day to talk about internet stocks or any other hyper sector it is a top.. How many days in a row did they focus on KTEL before it crashed?? Several weeks.. This is the end my folks.. No more than two weeks before all of these stocks correct big time.. How much more momentum can you get?? How many more people can be sucked in to buying something that can only go up? The major media is all over this thus helping fuel the last blast up.... There are no more tricks up the sleeve.. The last fool is being drawn in... How much higher do we go?? Hell maybe 150... Couple more 10 point days and then it is done.. I have the strong feeling that I will have the opportunity to recoup my losses very soon if I can get up the nerve to drop the box..