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

To: Jeff Mizer who wrote (24769)	11/6/1998 2:25:00 PM
From: waldo	Respond to of 164684

>>"To our customers: Worry not," said Amazon.com founder and CEO Jeff Bezos in a statement. "Those who make choices that are genuinely good for customers, authors, and publishers will prevail. Goliath is always in range of a good slingshot."<< I think I know who is holding the slingshot and who needs to fall! Waldo

To: Jeff Mizer who wrote (24769)	11/6/1998 2:35:00 PM
From: Jay8088	Read Replies (1) \| Respond to of 164684

Well 120's maybe OK. But the premiums on AMZN puts are just obscene. And even in a market downturn, AMZN may first bounce off the rising trend line around 100. The real collapse based on these negative fundamental news may not hit till Dec if not early next year - at best. Don't forget the market manipulation factor behind the thing. I am shorting more respectable stocks like CSCO and DELL... Side news: I saw a blip about Carlton Lutts talking up AMZN as the Walmart on the net! (LOL) I wonder how many momentum investors he can muster this time...