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

To: Bill Harmond who wrote (16375)	9/7/1998 7:07:00 PM
From: wiley murray	Respond to of 164684

William:AMZN will gap down BIG tomorrow!Open at 75!The shorts can cover at 75,70,65,60, etc. The flood of sells will give the shorts plenty of opportunity to cover profitably as ZON continues to sink.But who knows for sure as you point out.

To: Bill Harmond who wrote (16375)	9/7/1998 7:11:00 PM
From: OtherChap	Respond to of 164684

>How do you think the short-sellers of those 7- plus million shares > would react? If the market gaps open and there isnt a huge sell imbalance, I fully expect Amazon to gap up by nervous shorts. But those with huge long postions KNOW all the crap that is going on, and tomorrow could be the last big rally this stock will ever get before the gory details sink in and the stock sinks along with them. Believe me, they will be selling into the rally tomorrow. And I will be adding to my puts- although in hindsight I should have closed them out friday and then rebought them at the height of tomorrow's rally..