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

To: Rob S. who wrote (18440)	9/25/1998 12:11:00 PM
From: gizelle otero	Read Replies (1) \| Respond to of 164684

Going short now. $107.5 . Looking to break $100 on the downside this afternoon. No one wants to hold over the weekend.

To: Rob S. who wrote (18440)	9/25/1998 12:13:00 PM
From: Jay8088	Respond to of 164684

Thank you for your excellent analysis. I think it summarizes the fundamental situation of AMZN very well. -A permabear in recovery ward.

To: Rob S. who wrote (18440)	9/25/1998 12:15:00 PM
From: Herring	Respond to of 164684

Agree! The crazy thing is that nobody really believes it is worth this much, but most people agree that it will go up. It then goes up. When this thing falls it will fall hard. There is a lot of Vegas money in this stock, including mine. I think however short term that the stock will go down due to the dilution happening. All the insiders are selling, and they would be crazy not to. IMHO Herring

To: Rob S. who wrote (18440)	9/25/1998 12:27:00 PM
From: IceShark	Read Replies (1) \| Respond to of 164684

Rob, very good analysis of the situation. But who the heck knows when reality sets in on the stock price. There are just too much mechanical supply/demand factors going on with the trading to see any realistic pricing of the stock. It will sort itself out one day. One other item is the incentive stock options. With the price so sky high AMZN is going to have a real problem with employees when it crashes back down. Unless they are going to reprice the options, which, some day, shareholders are going to wise up to and spank companies that do it. Regards, IS

To: Rob S. who wrote (18440)	9/25/1998 1:53:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Super analysis, thanks. Current Amzn position : 200 box-trading shares 2 Nov 100 uncovered call, premium $15 1/2 1 Nov 110 uncovered call, premium $18. Sold One Oct 70 put contract, $9 premium; can close it now for $1 1/2. Comments?

To: Rob S. who wrote (18440)	9/25/1998 2:18:00 PM
From: M. Frank Greiffenstein	Read Replies (1) \| Respond to of 164684

Nice job Rob.... Very well reasoned hatchet job on AMZN. Much better than the undeserved one you did on TAVA <g>. You just forgot to mention book value of 79 cents a share. I went short AMZN yesterday. Today's surge in AMZN does not bother me. I just shorted some more. Hedged off with some out of the money calls. DocStone