SI
SI
discoversearch

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: Sarmad Y. Hermiz who wrote (43346)3/2/1999 9:42:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Sarmad, We need to "trade" a bit more on Asnd. Bought yesterday(trading shares) @$75, set to sell at $80 just now, and I think that I am going to get it!!

Am going to think about Amzn and got some thoughts to post to you. Right now I have 275L/300S.



To: Sarmad Y. Hermiz who wrote (43346)3/2/1999 10:56:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Sarmad,

Don't have much idea about today, but just placed a buy order for 100 shares at $125 7/8. If e-bay slips towards the end of the day, then I think Amzn will too. But I think that e-bay has been under tremendous "short squeeze" such as Amzn was, therefore it's so hard to say.

But for the next few weeks or so, I will,
1. keep a 100 shares long bias; which means 400Long/300Short during daily dips.
2. Will enlarge/upgrade my box to 500 shares if Amzn goes above $150. The maintenance cost for a 500-shares-box is reasonable, and I will just sit tight and wait for a blow up if it happens. If it does not by May, I will just close the box.

Anyway....I sold Asnd trading shares at $78, will buy back again if I can. Not doing anything with Intc, but if it drops to around $105, I will write 10 puts one month at a time.



To: Sarmad Y. Hermiz who wrote (43346)3/2/1999 11:16:00 AM
From: Mike M  Read Replies (1) | Respond to of 164684
 
I think it is even money that we have seen the short to intermediate term top for AMZN....for this move!

Mike