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


To: Glenn D. Rudolph who wrote (17144)9/14/1998 4:10:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
> We all have to be wrong sometimes. It happens. I know from >experience

Glenn, you werent wrong about shorting Amazon, you just did it too early. :)

I would be very surprised if my Oct 60 puts arent deep in the money by the end of the week. My remaining Sep 130 puts have made me so much profit that I hate to get rid of them, but I'm going to tomorrow morning and roll them all the capital over into more Oct 60s or even 40s..

AMZN closed down 2 points on a day when all the other big net stocks (aol, yahoo) were up strongly. Doesnt look good for AMZNs future stock price.

Also, just think how far its going to crash if (when) the preannounce greater than expected losses.. YEEEE HAAA!!



To: Glenn D. Rudolph who wrote (17144)9/14/1998 4:17:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Glen, I did not play golf today. Only because, I had other things to do.
I think the Mo,Mo, guys are backing off, wouldn't you?
Even Maria (cnbc), said investors are being cautious.
Is William? Wall street is starting to ask, 'Show me the profits'.
Ask Morgan Stanley, or even better, ask Bezos.
If I asked you, could this be a $12 stock by years end?