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

To: Glenn D. Rudolph who wrote (18634)	9/27/1998 5:03:00 PM
From: Gil Gilbertson	Respond to of 164684

RE the 7mil shrs short. One or more prof brokerage trading dept may hold a large nr of these after the last squeeze. I have found when the pros finally squeeze out all of us amatuer shorters, then they make a deal with the company and offer a rich secondary to the company and they both profit immensely . When this happens, they will sell you stock all day and print as much as you want and the move is finished.... This is a distinct possibility...the only extreme negative is if AMzn moves above last weeks 116 on big vol do not hold onto any naked calls as the stock will probably be called in before Oct exp.....Yankee Gil