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

To: Jan Crawley who wrote (42477)	2/25/1999 11:19:00 AM
From: Sarmad Y. Hermiz	Read Replies (4) \| Respond to of 164684

Jan, I just did something possibly bumb, but maybe not. I shorted 100 shares amzn at 119 1/2, on the idea that several attempts to lift the price up have failed. Large blocks selling far outnumber buying. The Dow, Nasdaq and all my other stocks are down, and amzn has to follow suit, soon. I don't have a lot of confidence in this, but I am speculating. Yesterday amzn stayed up for a while despite everything else being down, then at day's end people ran for the exit. Today of course is different, but I want to see if this works. I see my short is already $1 under water.