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


To: Sarmad Y. Hermiz who wrote (52995)4/27/1999 2:21:00 PM
From: Jan Crawley  Respond to of 164684
 
then it bodes well for selling amzn tomorrow AM.

Sarmad, i am holding the 100 Amzn shares and hope to sell into the "big surge" tomorrow. I am thinking this way:

Every single morning/day; all the momentum on-line traders are ready/willing to charge into some "net stocks". Some will win, some will lose, but the $$ in the pot stays in the pot and are just happily going around. Tomorrow morning, where will they most likely to pile on? I will not short Amzn until/if the E+split is cleared, but I do still have the May210 puts pending and willing to pay $3 for it.
p.s. SCI well over $34!!



To: Sarmad Y. Hermiz who wrote (52995)4/27/1999 2:43:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Sarmad -- Hypothetically, if a nutcase wanted to buy AMZN puts and make money, would he or she do it today or tomorrow?