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


To: Bill Harmond who wrote (21002)10/9/1998 4:03:00 PM
From: Jan Crawley  Respond to of 164684
 
I would not short Amazon. Too tricky. Short interest is too high, and and I think it has withstood the B&B/Bertlesmann news quite well.

I agree, shorting Amzn is a tricky business. Actually, I am trying to do "what the elephants" have been doing, box-trading in a very small way. With limit position but back up by very flexible resources.

However, "short interest is too high" is getting to be more of a "short-term" problem; unless they don't sell! but we all know they(Junglee/plant and VC's, and the other insiders) will sell during the next window period.



To: Bill Harmond who wrote (21002)10/9/1998 4:26:00 PM
From: majormember  Respond to of 164684
 
>>I think it has withstood the B&N/Bertlesmann news quite well.

Understatement of the day<g>.



To: Bill Harmond who wrote (21002)10/9/1998 11:25:00 PM
From: Mike M  Read Replies (2) | Respond to of 164684
 
Short interest is too high, and and I think it has withstood the B&N/Bertlesmann news quite well.

Will be interesting to see how they hold up after earnings...high short interest will have little impact if earnings disappoint.



To: Bill Harmond who wrote (21002)10/9/1998 11:26:00 PM
From: Techie  Read Replies (2) | Respond to of 164684
 
Bill what do you think of this? I'm sure it was discussed here before, but I'm surprized there is no mention of Amazon.

biz.yahoo.com