Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (3094)	7/20/1998 4:04:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 86076

You may think he's talking about AMZN, no, it's about CSCO. <<To: Danny Boy (15180 ) From: Uncle Frank Monday, Jul 20 1998 12:39PM ET Reply # of 15211 Good advice, DB. I plunged in first thing today, and am loving the action <g>. It just took me a while to figure out that p/e ratios don't mean much to this type of company. Frank >>

To: IceShark who wrote (3094)	7/20/1998 10:28:00 PM
From: Joseph G.	Read Replies (2) \| Respond to of 86076

Judging from in the money puts, nearly all AMZN float is shorted by option MMs to hedge puts sold. Posted earlier today: <<I feel sorry for the bears. But I think the price of AMZN these days are mostly driven by momentum players. I has been holding AMZN for over a year and I am out of AMZN today at $127. I decided I made enough money out of this stock in such a short time. The only stock that beats AMZN in my portfolio is MSFT, but it takes MSFT much more time to be so profitable. I decided to move all my profit on AMZN into MSFT and CSCO.>>