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

To: Olu Emuleomo who wrote (17363)	9/16/1998 2:43:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

>This is a golden opportunity to go short.. Yes, I know, but I'm going to wait and see if the Oct 60 puts will come down some.. They are staying rock-steady even when Amazon is up 6 points.. Obviously nobody is selling the puts, and everyone knows today is a short squeeze.. THIS IS WHY YOU BUY PUTS INSTEAD OF SHORTING THE COMMON STOCK FOLKS. They can't squeeze a put as long as you keep your conviction. Shorting common shares results in margin calls, which is the only thing that keeps this stock afloat.. (well, that and highly questionable accounting practices and crooked MM's) Looks like we might touch 80 in a few seconds.. The volume on AMZN is exploding. Correction, we did just touch 80.