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

To: UFGator93 who wrote (10423)	7/15/1998 10:06:00 AM
From: John May	Respond to of 164684

Damon, I see your point. And I agree, Amazon's not the next Microsoft. Actually Yahoo!'s the next Microsoft. Amazon's the next Home Depot.

To: UFGator93 who wrote (10423)	7/15/1998 10:35:00 AM
From: Sonny	Read Replies (2) \| Respond to of 164684

Very interesting co-relations Damon ... thanks. Just one question about LEAP PUTS for conservatives: Can anyone here shed some light on this scenario: If say some Mr. Conservative Barren Wuffett has plenty of millions to invest and he is considering Jan'99 puts on AMZN for at least a million. Can he hope to make at least 20% on it while having a restful sleep until Oct'98 when he closes the position (or before if he hits 20% gains)? In that case it may turn out to be much better than 5-8% he might get on money-market funds, no (while remaining totally-conservative albeit in a new paradigm)? I know in general this is not a sound-strategy in the long run i.e. hoping only for 20% gain when one can loose theoretically 100%, but at the present time, when no one knows for sure in the short term, when the "tulipaluations" (-aka- valuations mimicking the tulip-era) will calm down for a specific-target/sector, this strategy might be valid, no? regards to all, -/Sonny.