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

To: Sarmad Y. Hermiz who wrote (48924)	4/5/1999 10:13:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

The bulls are all clamoring for new highs Sarmad, I think that at this price level I just pay attention to the e-day traders, like us, "day" means 20 minutes or 2 days. The long elephants had made a bunch in the past 10 days(don't forget that we all bought some shares around $115 10 days ago) and the short elephants had made a ton too since January.

To: Sarmad Y. Hermiz who wrote (48924)	4/5/1999 10:41:00 AM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Well Sarmad, I think that we can apply the trading characteristics of Amzn to Yhoo a little. I am offering $2 right now to close the Yhoo apr. 160 puts I wrote for $17; I closed the short call last week for just $400 net. I am using the $2K profit to GTC limit buy 6 Yhoo Apr $180 put contracts for $2 per contract, if Yhoo surges to around $210 before Wednesday, I should have the puts. Then I am looking for a post earnings drops and sell the puts for $5 or $6. Will watch to short 100 shares of Yhoo too at maybe $210.