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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (4721)	11/25/1998 12:47:00 PM
From: John Harton	Read Replies (1) \| Respond to of 11051

To All Re: Lost in the Rainforest Looking for a way to profit from internut madness took a peek at AMZN numbers compared to other retail. EPS (12M SEPT 30) PE BGP 1.23 21 BKS .81 35 WMT 1.85 40 AMZN (1.79) N/A AMZN also has an attractive ROE of -143.36 and a margin of -21%. (insert sarcasm here) To maintain current price ~215 and match WMT's PE of 40 , AMZN would have to earn ~5.37/share where now their sales are 8.87/share. Clearly, this is way over priced but the madness continues. So jumping on board or shorting both seem perilous. Thought how about a straddle? One things these stocks don't do is sit still. But alas... JAN99 210 calls @35 ! JAN99 210 puts @34 ! Compare these premiums to.. WMT JAN99 75 calls @4 WMT JAN99 75 puts @5 3/4 Any suggestions? -John PS Thought about buying way out of the money puts and then "investing" in one share of AMZN thereby inducing an immediate return to sanity by all other shareholders(g) PPS My font and SI's font just plain don't like each other.