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


To: cellhigh who wrote (36119)1/22/1999 4:17:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
and intc's lower target of 128???

I sold(wrote) 10 Intc Feb 130 puts and got $6 premium a few days ago, then I sold 1,000 shares of Intc two days ago at $143. Now, if Intc goes to $125, I will write Feb 125 puts(5 contracts), then sell 500 long shares again after Intc bounces back!!

I think that's a good way to play Intc?



To: cellhigh who wrote (36119)1/22/1999 4:21:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 164684
 
<<<what a pleasant finish...one would expect a gap up monday>>>

i would expect amzn to move higher ahead of tuesday's earnings. i wouldn't want to hold through earnings announcement given the sell on news mentality we have this earnings season.

regardless, internet stocks are freaky right now and for good reason. i'm sticking with bellweather techs for the short term.



To: cellhigh who wrote (36119)1/23/1999 6:39:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

glenn did you buying have anthing to do with intels drop??


That is likely what did it;-)

hold it.for sure.

I am.

didnt we talk about the sox and its 400 resistance,and intc's lower target of 128???

We sure did:-)

Glenn