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

To: Rob S. who wrote (27147)	11/19/1998 8:00:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164684

More good news for Scamazon: The 3:1 split will reduce the loss per share by 300%. Individual retail investors will not know why, and the analysts will not tell them- they will just show that losses have decreased dramatically when the next quarter's hype comes out. Gotta love fraud! God bless america! Cook those books some more! Show me the money!! Amazon upward to 300 by next tuesday! That way it will still be worth 100 bucks a share when it splits..

To: Rob S. who wrote (27147)	11/19/1998 8:58:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Rob, I think that the actual float is roughly 13.3 million shares currently, not counting Junglee/plantell's 2.6 million available shares for sale. I am thinking about the following approach for the short-term: I now have 700 short shares(200 of them shorted this morning), I also have 400 long shares. I plan to close 300 shares and just keep 400 short shares until the split. I wrote 2 Nov 150 calls, but receiving $21 premium therefore I think I will be OK to close them tomorrow. I also have 2 Dec 120 calls with $22 premium, but I also wrote two Dec 120 puts with nice premium to hedge. I agree with you, the 3 for 1 split is not a good thing, but let's go slow and stay flexible. I would thought that 2 for one is a more responsible treatment. What do you think?