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


To: Glenn D. Rudolph who wrote (21718)10/15/1998 4:42:00 PM
From: e. boolean  Read Replies (1) | Respond to of 164684
 
>>What do we expect for tommorrow for us panic stricken shorts??

This morning Mark Haines was saying several Japanese banks had reported bad news after the bell, and watch out for the Nikkei tomorrow... Now, who knows.

Hate being in the position of rooting for economic collapse to knock the euphoria out of a few @#% stocks!:(

e.b.



To: Glenn D. Rudolph who wrote (21718)10/15/1998 4:56:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
What do we expect for tommorrow for us panic stricken shorts??

Well, your average is about $97 and you have recovered about $200K; that's not a small miracle.

I am thinking that you can box 3K shares, write 10 Nov. puts and leave 1K shares open for the short term.

1. The elephants are shorting Amzn and hedging their longs. Short-squeeze will be weak.
2. 3M to 6M shares are to be unloaded by Junglee/Plant.
3. Cannot think of any "good news" surprises from earnings report.