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


To: Gil Gilbertson who wrote (28461)11/29/1998 3:08:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

The pros will be shorting against the box starting Dec 1-98
and then deliver after Jan 1 99.... If you see a lot of volume in
the next week with no progress in pricing of AMAZON, you can guess
that the long term holders and insiders are locking in a huge profit


Gil,

Shorting against the box no longer has any tax advantages.

Glenn