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

To: H James Morris who wrote (21880)	10/16/1998 11:11:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 164684

I do appreciate your concern but... ...this stock or Greenie doesn't scare this short one bit. The only question is how long I wait before I short more.

To: H James Morris who wrote (21880)	10/16/1998 11:19:00 AM
From: Jan Crawley	Respond to of 164684

Becareful Craig, they'll be after your blood next month. James, I agree with you, shorting/trading Amzn is a tricky business. But we can do well utilizing our own competitive advantages to make $$$ here. I see it in a simple way, 1. When float was 10M and short int. was 8.7M, short squeeze and MO trading put Amzn to $145. 2. Currently float is 13M and short int. is 7.3M, short squeeze and MO tradings keep Amzn at it's current price ranges. 3. If they don't sell the 2.6 million shares, price will stay here, if they do, price will drop. 4. After earnings report next week, if insiders and Vc's sell another 3M shares, price will drop! 5. After the Bertie/B&K "merger", I do not see much "surprise" from Amzn. The Bertie/Amzn possibility was a major concern. It's just a matter of float. I am betting that they will sell.