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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%3:59 PM EST
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To: Bill Harmond who wrote (120635)3/16/2001 5:09:13 PM
From: GST  Read Replies (1) of 164684
 
So help me out here -- you buy $100 dollars of yhoo at the ipo, watch the stock go up to $10,0000, sell it and pay $2,000 in taxes, buy the stock back for $10,000 and hold it while the price drops to $1,000. You end up with a loss, at least as we speak, of 50% of your ORIGINAL investment. Walk me through the math Bill.
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