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


To: Mark Fowler who wrote (43540)3/2/1999 8:35:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Glenn i started small position today in Wmt for a long term investment and i agree it's
pricy, but it's a top retailer stock and should benefit well with the strong economy.


I can tell you with certainty that retail sales in all categories are very strong. Also, WMT continues to gain market share. I am not sure if it will get a lot cheaper due to being considered a safe haven in a bad market. A real fear is an interest rate increase which could slow retail sales. I have no clue if that is a likely scenerio.

Intc should shore up on the 200 MA at about 104; we'll see what
happens.


Would you give me your TA on INTC when we reach this point? I still like the company.

Glenn



To: Mark Fowler who wrote (43540)3/2/1999 8:39:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Mark and Glenn,

What a deal, I sold(wrote) one Wmt Mar 85 puts today for $2 1/4. I have a schedule to write one put contract every month to try to buy 100 shares of WalMart.

Btw, Mark, one fine day last month, "we were both shorting Yhoo" and I asked you "what was the downside target price of the Yhoo DM" and you said "260". That was before the split. Yhoo dropped to around $260 eventually and rebounded. Your numbers have been very good for many times. Please let me know your moves sometimes. Thanks.