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


To: Glenn D. Rudolph who wrote (22170)10/19/1998 10:03:00 AM
From: OtherChap  Respond to of 164685
 
RTQ 101 3/8.

Not surprising really. The market makers know the shit is hitting the fan as we speak, and the only thing they can do to avoid having this stock driven into the toilet is to scare the shorts to death. MSDW hasn't existed their position, and J.Vinik is still in the game.

A sharp rise in the stock today, with all the bad news out there, should be enough to get the last few shorts to cover in panic- a rally for the elephants to sell into. After all, what good is it to be short if the stock NEVER goes down? (or so they hope we'll think)

Amazon used to be tied to Yahoo- now it just keeps going up irregardless of what the general market or Yahoo does. Market manipulation at its finest. The next few days should be very interesting.



To: Glenn D. Rudolph who wrote (22170)10/19/1998 12:08:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164685
 
Glenn,

Re Yhoo,

Shorted 100 shares @119 last week.
This morning, wrote one Nov. 110 put for $8 1/2
Wrote one Nov. 120 call for $9 1/2.