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


To: Narotham Reddy who wrote (30157)12/16/1998 4:51:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Glenn: What is your status on AMZN..

Are you still hanging on or have you covered?. I have not read this thread in a while.

This clown at the CIBC who raised the target today appeared to have come to the party
late.


Narotham,

About a week ago I was tired of fighting the tape and went long. Not a large position. I then wrote Dec 240 strike covered calls for 4 5/8ths thinking that was a safe "bet" when AMZN was at 216. I left my calls so am long but with no upside potenttial at present. My plan to let the shares be called away on Monday and decide what to do then. I wish I had more long shares. I was too timid so had a position of 400 shares. Oh well....

Glenn