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

To: Roger Smith who wrote (10938)	7/5/1998 5:22:00 PM
From: clochard	Respond to of 18691

Even in a crash situation, AMZN will stay afloat for a while as shorts buy to cover, although not for very long.

To: Roger Smith who wrote (10938)	7/5/1998 6:36:00 PM
From: Dave Johnson	Respond to of 18691

I heard on the radio this weekend that there are 18 mill shares outstanding on AMZN and 9 mill are short. If so won't all desperate short covering drive the stock to 200? It sure likes a good long to me. At least for another week while everybody buys it back to cover. I attended a seminar last weekend and Michael Murphy-famed short seller shorted ANOTHER load of shares at 100/sh. I wonder at what price he will cover.

To: Roger Smith who wrote (10938)	7/6/1998 11:37:00 AM
From: put2rich	Respond to of 18691

Roger Smith, thanks for your advice in not averaging up short AMZN. Me too got clobbered even w/ 100 shares recently and also deep in red. I think the madness also has a limit, so I will average up when it increases to 130, then 160 and try to hold the line for long term. Well I need to find some funds now like a loan pegged against my IRA. Wish all the internet shorts best of luck. (I will get a job soon as psoft consultant! if I put away the pain of my stocks and study hard in 3 more weeks - and thank you)