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


To: GST who wrote (38804)2/8/1999 4:22:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
I owned a boat load of out of the money calls, bought for nothing, and woke
up to sell them one morning and saw this guy on the tube saying an offer had been made
for the company -- a couple of days before expiration. The calls went from something
like 1/8 to 15 dollars in a second -- I danced around in the kitchen for an hour and the
smile lasted all day.


This was great:-) I kept looking at AMZN puts and saying no way. I will not short the stock either. I like this thread. I like the people but my trading of AMZN is done.

Glenn



To: GST who wrote (38804)2/8/1999 4:42:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
GST,

I did some research on LSI. I sure would have liked it better at 23+. I have not read the thread but current projected fundamentals should only permit a price in the low to mid 30s. It may overshoot that but I suspect that it will fall in a bad market. I would like to go long on a pullback but not at 27.

Glenn