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

To: Bill Harmond who wrote (12819)	8/7/1998 2:18:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Go, go, go guy!

To: Bill Harmond who wrote (12819)	8/7/1998 2:34:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

I would like to add some statistics/considerations; however insignificant it may be, to your work: During the three weeks of Amzn's price surge from $43 to $143, I was busy covering 15 uncovered Jun & July calls for a $60K loss. I covered the last ones at $122 on Friday; the weekend and next Monday provided some breathing room. I started trading via options and boxed 100 shares on Tuesday, July 7; in small ways, one position at a time. As of today, I got back $8,300 excluding trading expenses. I firmly believe that my actions have had no impact on Amzn's stock price; but I also firmly believe that I am one of the "many" and "many".. The float and short interests remain relatively the same; but the nature of the two elements are changing...and then, we must add the sellers.... FWIW, I do not see the recent pull back as a so-called "correction". It's the begining of the end of the float control. I have never question the company/stock, I am talking about the price of the stock!