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


To: Tom Hua who wrote (30229)12/17/1998 12:41:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
two weeks later...."Shares of Amazon.com rocketed Wednesday after CIBC Oppenheimer analyst Henry Blodget lifted his long-term price target on the stock to $1,000 from $400, spurring a rally in the already-euphoric Internet-retail sector.

Mr. Blodget, who continues to rate the stock a "buy," said in a "research note" that Amazon's shares recently passed his price target of $400.
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Yes Ginger, the moon really is made of cheese.



To: Tom Hua who wrote (30229)12/17/1998 1:40:00 AM
From: jach  Read Replies (1) | Respond to of 164684
 
short strategy - SI - 12-16-98

Start with a few shares at the beginning and double the shares for every 20%(approximate) move up in the stock. Buy back all when the stock move down 20%.

Example

10 shares short at 100$
20 shares short at 120$
40 shares short at 144$
80 shares short at 172$

when the stock drop back to 144$, buy back all 150 shares

Note: ALL IMO, and at your own risk using it. Mathematically and theoritically it works as almost all stocks will come down 20% at one time or another. Especially more so for volatile stocks like AMZN.