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.

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

To: Rob S. who wrote (10938)	7/20/1998 8:18:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (2) \| Respond to of 164684

GRIM apologizes and tanks DE Shorts....I used to have to wait 3-6 months before I got a 20 point move on a stock and make money. These stocks have made me money quickly and I feel Invinceable and am now bored that I cannot find others to goof off with. If you all insist on maintaining your short positions then fer heavens sake do some hedgeing or put stops in place to control losses before they just run away. GRIM

To: Rob S. who wrote (10938)	7/20/1998 8:39:00 PM
From: llamaphlegm	Respond to of 164684

God only knows. TO hedge, not to hedge -- each day a new question. Well, I will probably keep it on til announcment on Wed or Thurs, we'll see.

To: Rob S. who wrote (10938)	7/20/1998 9:06:00 PM
From: Conner	Read Replies (2) \| Respond to of 164684

<A word of caution to short-sellers; although the underlying reason for the secondary would be to pick a plum, the active participation of the major retail brokerages may spur the price even higher, (institutions will stay away except for, perhaps, a quick turn). > I've been getting high-pressure sales calls from breathless brokers to buy their internet stuff, including Morgan Stanley's fund, which is another source of major cash to take into calculation. These guys are perfectly prepared to pump the retail buyers. This might be a source for a few hundred million in the event of a secondary. I couldn't believe it when I told the MSDW caller that I thought internet stocks were highly overvalued, he said "well, you can average in". Such is the retail psychology these days.