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

To: craig crawford who wrote (15334)8/31/1998 11:45:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Craig, Just for the info.

This morning I wrote INTC Jan 70 puts for $5; (effective purchase price of $65); 5 minutes ago I wrote LU Oct 70 puts and ask for $3 5/8; it went thru within seconds.

Lots of selling pressures everywhere!



To: craig crawford who wrote (15334)8/31/1998 11:50:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Nahh, don't become part of a gang tackle. I wouldn't short AMZN now, I would be
looking for things to buy. I think we saw some good old fashioned capitulation today, and
we can have a nice rally today or tomorrow.

P.S. I advocate nibbling at long positions, not going hog wild.

I am waiting to do any buying later in the day.

Glenn


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