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

To: Sarmad Y. Hermiz who wrote (52300)	4/22/1999 6:15:00 PM
From: magik	Read Replies (2) \| Respond to of 164684

Guys, When does AMZN expect to report earnings? Magik

To: Sarmad Y. Hermiz who wrote (52300)	4/22/1999 7:18:00 PM
From: GST	Respond to of 164684

Sarmad -- I see it like this. IBM is a good belleweather. It was not priced for good earnings. MSFT is priced for good earnings. Little upside there. So IBM makes a run -- and takes some of the market for the ride to almost 200. Tomorrow there is an intraday pullback and then a rally into the weekend. Monday, the party widens out a bit and then it is a crap shoot with AMZN earnings. IBM and AMZN could both easily top 200 at that point -- to around 210 or 220. I think the market will have vertigo by then and I will buy puts -- perhaps more than at Jan's price if need be. Till then I will try to keep flipping positions for doubles or triples (clearly a best case scenario) -- or at least try not to lose ground. I have much more than made up for my poor judgement on MSFT a few weeks ago, but I can always screw it up again -- happy trading. This is a last hurrah, IMO.