Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GST who wrote (41309)	2/20/1999 12:11:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

> Do you wonder why Blodgett was out pimping the day of expiration? The same reason he made his $400 per share prediction two days before expiration last time. He had certainly taken a large position in calls. The closer to expiration, the cheaper the option is, and thus the greater the leverage is. Greenspan announced he was raising rates 15 minutes before options expiration for a reason. The options were cheapest, and they provided the best leverage. Long Term Capital severely needed some way to dig themselves out of a hole- and Greenspan gave it to them.

To: GST who wrote (41309)	2/20/1999 10:13:00 AM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

GST, >> Do you wonder why Blodgett was out pimping the day of expiration? Did he need to boost the market for his girls? << Actually I think Blodgett's favored customers knew about his pending announcement on Thursday because the stock price was in a free fall till 2: PM then it reversed and just kept climbing. I think more upgrades are coming. I look forward to shorting at much higher levels. I had not expected the hype to start yet. I thought they would wait till late March to prepare the run-up for Q1 results. Since this is so early, I don't know whether they will let it drop in a couple of weeks (to get an extra round trip). I think that until the the other pimps rouse the customers, it is not safe to be short overnight. We may have to wait till April 22, though I would short a small amount if the price runs to near 150 next week. Do you intend to play amzn ? -Sarmad

To: GST who wrote (41309)	2/20/1999 11:06:00 AM
From: Jan Crawley	Read Replies (1) \| 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 GST, I think that Blodgett thinks that "he has nothing to lose, but a good opportunity to gain" and he is "hot" at playing the Amzn game: When the stock was at $260; He said $400, then stock went to $600; AT $600, He said sell, then stock went back to $260, At $260, he said buy again.... Let's see, the same players - the shorts, the day-traders, the Mo retail buyers, the water is full of giant/big/small/tiny sharks, me included. Right?