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


To: Sarmad Y. Hermiz who wrote (55853)5/6/1999 9:51:00 PM
From: Jan Crawley  Respond to of 164684
 
Is this going to stop ??
Sarmad,

IMHO, I don't want to "under-estimate" Amzn from here; there is still the May options, the possible split announcements..etc..actually I think that right now is a good period for buy the daily dips and sell quickly mood. Buy small, such as 200 shares. "I do borrow the buying power from my long portfolio to trade the trading one, I just make sure that I keep a very "clear accounting" on the paper.

I traded 4 times today and did "well", (my standard).

I also believe that Amzn will see 80 in the next two month, but I don't know how will it get there, we can have a bounce back to 160/180 "easily", but it's hard to imagine $220 and above until next earnings or major hype period.



To: Sarmad Y. Hermiz who wrote (55853)5/6/1999 9:54:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> Is this going to stop ??

I certainly hope not! I've got those puts to think about. ;)



To: Sarmad Y. Hermiz who wrote (55853)5/7/1999 10:37:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Sarmad, the box trading is working now; sold long shares and just covered(bought back) @134. $900 net.