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


To: Rob S. who wrote (11037)7/21/1998 1:13:00 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 164684
 
Rob S.,

What ever I guess with AMZN it will make me look like a fool, so why guess? I am short the Aug. $130 and $140 calls if this tells you anything!

Hank



To: Rob S. who wrote (11037)7/21/1998 4:19:00 PM
From: Peter V  Read Replies (1) | Respond to of 164684
 
it may take up to several months for the stock to find a reasonable valuation - down to 60-70 within a year or so.

I think you mistakenly added those zeros. 60-70 is hardly a reasonable valuation, but I would have to say that AMZN may in fact stay at that level for some time. It has defied gravity so far . . .