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

To: GST who wrote (38797)2/8/1999 3:54:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 

Wayne -- I own Feb 100 puts -- I expect the stock to fall through the strike price but I do
not expect this to be a very profitable trade. The premiums are too high to make AMZN
an attractive play -- I make money elsewhere, although I do pay attention to what is
going on with AMZN.

GST,

You hit the nail on the head. Too difficult to make any money with such rich premiums.

Glenn


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