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

To: Sarmad Y. Hermiz who wrote (48127)	3/30/1999 1:15:00 PM
From: MoonBrother	Respond to of 164684

Good job! Sarmad! Want more advice? Go buy the same amount of the shares that you shorted (300sh I think?) and you will cover the loss perhaps by the end of today. MB

To: Sarmad Y. Hermiz who wrote (48127)	3/30/1999 1:19:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

Good decision.

To: Sarmad Y. Hermiz who wrote (48127)	3/30/1999 6:12:00 PM
From: Jan Crawley	Read Replies (3) \| Respond to of 164684

Sarmad, I sold 100 shares at $166 3/4 and then set limit buy at $162, the first pull back did not go there, then I reset at $162 9/16(exactly $7 off today's high), and the order was executed during the second pull back. Anyway, Let's see what tomorrow brings. The problem I see Amzn in going towards $200 is the lack of puts buying, which translates into little on-going short support. Call buyings are stronger, which is pushing the price up. But Amzn needs shorts to keep shorting to keep going up. I think few are selling Amzn naked calls lately, so the call writers are the MM's and covered calls.