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

To: Mike M who wrote (27287)	11/20/1998 1:16:00 AM
From: OtherChap	Respond to of 164684

Tomorrows closing price should be around 150, no matter what. If it closes at 150, the put writers get to collect ALL the cash from all the put holders. Also, if it closes at 150, the call writers get to collect ALL the cash from all the call holders. This of course, is due to the fact that there are no calls or puts above 150. The same holds true for December. But remember all those December puts are now actually dead money, since at expiration they will be worth 1/3 of what they are now.. It is much harder to make money on a December 30 put than a December 90 put. I expect Dec put prices to fall a good 30% tomorrow alone due to this.. Bezos is a master manipulator. My hat is off to the market's current reigning champ of hype and book-cooking. Go Amazon!

To: Mike M who wrote (27287)	11/20/1998 1:20:00 AM
From: jach	Respond to of 164684

in amazon forest, splitting it early will not yield great flavor! time for amzonians to dump the 2/3 of their shares now. Suggestion for the proceeds: buy FORE systems! FORE is a really great buy compared to amzn. 1 share of AMZN gives ten shares of FORE. A year from now FORE will likely double, but AMZn will very likely become sour flavor as it splitted early, all imho. Not a bad idea for yahoonians to consider for a small portion of their shares for FORE. FORE switches also can carry Internet traffic. SPRINT and many other Enterprise and telecom companies use FORE switches for their Internet backbone. Microsoft also uses FORE ATM switches at their vast compus site. It's indeed a fairly big network interconnecting a significant part of microsoft internal development systems.