Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: re3 who wrote (30592)	12/20/1998 9:27:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Big News from Borders.com December 17, 1998 borders.com Dear Music Fan, We realize you're busy preparing for the holidays, but we just wanted to let you know that Borders.com has been selected as the official online music retailer for the Webcast of the 41st Annual GRAMMY Awards. In a few short weeks we'll be opening The GRAMMY Spotlight, a new Borders.com section featuring the nominated artists and albums, exciting events and promotions, and special deals on the year's best music. At The GRAMMY Spotlight you'll be able to listen to GRAMMY-nominated recordings and link directly to the IBM-sponsored GRAMMY Webcast site, www.GRAMMY.com (as of February 1, 1999). Please make sure to visit Borders.com next month to find out which of your favorite artists were nominated and to learn about our special GRAMMY promotions. Enjoy the holidays. Sincerely, Rick Vanzura Sr. Vice President Borders.com GRAMMY is a registered trademark of the National Academy of Recording Arts & Sciences. IBM is a registered trademark of International Business Machines Corporation.

To: re3 who wrote (30592)	12/21/1998 12:57:00 AM
From: Al Chechatka	Read Replies (1) \| Respond to of 164684

Sell the Leap calls (Jan 2001 - 230 calls sell for $125.) Sell one contract and you are selling short at the price of $355. What is nice about this option is the price goes up and down a dollar with every dollar the stock goes up and down. And if you think in 2 years the stock will be under $230, the option will expire worthless. No short squeeze on this as well. The only problem is you have to cover by Jan 2001, you cannot cover after that time. Use only high risk capital and you have to have at least 20K in high risk capital because you are going "naked" on a call. Al C.