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


To: Mike M who wrote (32420)1/4/1999 11:05:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> About time for you to declare defeat or something.

Nah, I might pair back on some of the puts though- i'm worried that internet retail players focus only on the stock price, and tomorrow amazon is going to be "cheaper" than practically every internet stock out there, in terms of absolute price.




To: Mike M who wrote (32420)1/4/1999 11:22:00 AM
From: re3  Read Replies (1) | Respond to of 164684
 
Don't be so sure of your self, this thing will crack. One can't know when, but all the writing is on the cyberwall...

- this stock ain't worth more than a Canadian bank...
- this stock ain't worth more than Sears...
- this stock sells books, and people don't read much any more...
- competition is rampant, with more established players getting on board, i.e. barnes and noble...

the trick is not to short it outright, but to buy OTM calls, and I mean way OTM calls...
and if it keeps going up, I'll just buy the feb 195 calls...then the march, and so on...

you want to hold the bag, have fun...

Howard



To: Mike M who wrote (32420)1/4/1999 2:01:00 PM
From: DAY TRADER  Read Replies (2) | Respond to of 164684
 
AMZN MAY GO UP 40 POINTS TODAY, SPLITS 3 FOR 1 TOMORROW

RECORD REVENUES WILL BE REPORTED, SUPPOSEDLY 100% ABOVE

LAST QUARTERS, REPORTING DATE IS 1/26/99

DT