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

To: F The who wrote (11683)	7/24/1998 4:14:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

>>I think this shorting deal is really a bad idea I don't understand why you shorts go through all this pain and trouble.

To: F The who wrote (11683)	7/24/1998 4:20:00 PM
From: put2rich	Respond to of 164684

Felicia, Yes this is a beast due to small float, this beast closed relatively strong at 124 1/4. Those who short at the ave. price of 100+ will see a b/e or gain soon. I guess many daytraders recovered near close and it was up little (some manipulations from funds ?). However, the long/medium term downtrend is rather clear. We hope for the float increase the week after, or journalists/media have time to see and write about the hurdle of amzn as the "top bookseller" on internet. Longs will sell more w/ the downtrend. (IMHO) Good luck to all. (my goal was to short small, then another at 30% much more ridiculous, but I forgot my discipline - it will be alright soon)