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


To: John O'Neill who wrote (26492)11/17/1998 8:09:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I was shorting in the $140 area, but couldn't get more shares available to short after that
(this was probably good for me)......Anyone know if lack of availablility of shares to
short is indicator of anything.....like maybe a orchestrated short squeeze?


John,

Where did you try? I was able to get shares at will today but being short was not the place to be. I used DLJ.

Glenn



To: John O'Neill who wrote (26492)11/18/1998 3:32:00 PM
From: Paul Engel  Respond to of 164684
 
John - Re: " I was shorting in the $140 area, but couldn't get more shares available to short after that (this was probably good for me).. "

SO how many shares did you short in the $140 area, John?

At 3:20 today, you have "ONLY" added a $24 loss to the $42 loss on your 300 remaining Amazon shares shorted at $122.

I won't bring up the additional 200 shares you shorted at $122 but covered at $134 5/8 - only a $2530 loss on those shares, John.

So...is that $100,000 portfolio now BELOW $25,000 ?

I'll bet you wish you didn't sell those Intel shares at $79+ for a small loss.

They would be up >$30/share today, John.

Maybe you should short Intel again, John ?

Sound good?

Paul