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


To: Paul Engel who wrote (27394)11/20/1998 2:36:00 PM
From: Mike M  Read Replies (2) | Respond to of 164684
 
Paul I have shorted it today, bought back w/5 points to my favor and shorted again....I also have some unhedged shorts which I did yesterday at 169...At this stage I see little upside compared to the potential downside...in the short to intermediate run...

My point is, I think this stock would have opened in the 140s today had it not been for the split, but yesterday and today's action were all based on emotion not reason...


Mike