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

To: J Moberly who wrote (8842)	7/4/1998 9:57:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

The stock is borrowable at the major firms to these accounts although there is no short rebate(for those of you who are sophisticated enough to know what that is). This stock will eventually collapse just as KTEL, MU, WDC, PTEN, CHK, and many other stocks that many thought could not go down. AMZN may hit 150 who knows, but I know FOR SURE that these institutional players that account for a large percentage of the short interest have been stung badly already but are still there and adding to current positions J, Thank you for the information. I really appreciate it. I must admit I am not clear on what a short rebate is. Could you please give a brief explanation? Glenn

To: J Moberly who wrote (8842)	7/4/1998 10:57:00 PM
From: Satellite Mike	Respond to of 164684

I, too, have bought books from Amazon. Good people, good service. Great company. The market is full of optimism so often with companies who've taken a great maiden voyage. These companies are always thoroughly scrutinized after the initial celebration. Companies should never be valued at 6-7 Billion with little equity. This will result in the whole market becoming reputed for manipulation. Companies should be rewarded for producing equity, not for who they blow. Mike

To: J Moberly who wrote (8842)	7/4/1998 11:22:00 PM
From: Roger Smith	Read Replies (1) \| Respond to of 164684

If smart money is short the stock then it is a very good news for bears. My belief was that most of the retail guys are short the stock and smart money is sitting on the sidelines waiting for some sort of weakness in the stock and then short it.