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

To: Jay8088 who wrote (33519)	1/8/1999 1:19:00 PM
From: Jay8088	Respond to of 164684

<<< Amazon's stock, splitting 3-for-1 this week, showed remarkable resilience from threatening revenue news, suggesting a very healthy demand for Amazon and for the entire group of stocks, even at valuations that appear to reflect very high expectations," said BancBoston Robertson Stephens analyst Keith Benjamin in his weekly Web report. >>> Translated: It goes up because people want 'em.

To: Jay8088 who wrote (33519)	1/8/1999 2:35:00 PM
From: H James Morris	Respond to of 164684

Jay>>To me the rational thing to do is to short the stock.<< This is a stock that no one wants to sell. The institutions didn't. The speculators haven't. The momentum players haven't finished. The little retail wants in on the action, @ all costs. You take that and the shorts and the puts running for cover. What have you got?. If you want to short wait for a while. Please stay on the sidelines. It's a safer place to be. Ps Or think about setting your self up with a hedged account. If you like to play the volatility. You'll love it. Trust me on that.