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

To: Sarmad Y. Hermiz who wrote (41284)	2/19/1999 9:45:00 PM
From: H James Morris	Respond to of 164684

>>I was 30k closer to break-even yesterday.<< I buy to cover in the morning, and hope to get out even. The elephants stay pat, or even were buying. Gst, says the tech stocks are breaking down. Yeah right!!! He must be looking @ a different exchange to me. Ps I posted the other day that, I was expecting the Nasd to back off. Wall Street has more money to throw @ it. So, please don't trust me on that.

To: Sarmad Y. Hermiz who wrote (41284)	2/19/1999 11:46:00 PM
From: GST	Read Replies (3) \| Respond to of 164684

Sarmad--Do you wonder why Blodgett was out pimping the day of expiration? Did he need to boost the market for his girls?

To: Sarmad Y. Hermiz who wrote (41284)	2/19/1999 11:53:00 PM
From: GST	Respond to of 164684

Sarmad--you asked about expirations and I offered the theory that the price moves to a level that screws the most open interest out of any money -- that would have been 100 today for AMZN -- curious? We have a lot less here than meets the eye -- I would love a nice safe re-entry point -- but this junky stock may not have much upside life -- worse for YHOO -- I cannot help but think that we will see more selling by Softbank. The market may make a crappy little rally, but the opportunity to sell it might come and go as quickly as yesterday's opportunity to cover. By the way -- gold looked great today -- it jumped higher -- but the options expiration put a lid on the stocks. Chinese New year shuts down most of Asia -- and as the G7 meeting ends and traders go back to work ...... we will see.