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

To: UFGator93 who wrote (9356)	7/8/1998 7:17:00 AM
From: Andrew	Read Replies (2) \| Respond to of 164684

Thanx, Damon While I was surfing around other forums, I was pleased to see there still are some naive investors out there who believe that AMZN will bounce back to 150 this week. Why the hell not, even some of my Co-worker think so, too. Gee, It might happen, if everything are right for AMZN, like YHOO's much better than earnings + 2 or 3 for 1 split, but I seriously doubt it. Like I said many times, small investors tend to in last, out last, and lose most. If AMZN could really drop to 60-70 level, wondering whether SEC will be in this one.

To: UFGator93 who wrote (9356)	7/8/1998 7:23:00 AM
From: Winter	Read Replies (1) \| Respond to of 164684

Another advantage of using the boxed/unboxed approach is that you can create the short position without waiting for an uptick which is the rule for a normal short. When you have both a long and short position already (you are neutral the stock) then to go short you simply sell your long position - since there are no restrictions on the sale of a long position you are not hampered by the uptick rule. I know I've been frustrated pounding on Datek trying to get a short sale to go through when there are no upticks, unfortunately Datek doesn't allow boxed positions with their interface so I can't do it without using two separate accounts.