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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.99-1.1%Dec 8 3:59 PM EST
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To: Jan Crawley who wrote (51154)4/18/1999 2:15:00 PM
From: Jing Qian  Read Replies (3) of 164684
 
No, I don't trade AMZN. With only 5% of money in AMZN, it doesn't make sense to trade. I let the money sit for who know how long. If AMZN is a huge sucess, my money will grow to a million by 2010. If not, it's still that 5%. Probably I will get rich earlier with ATHM.

My philosophy is that I can not ignore such an aggressive AMZN. I have to buy it for the potential. So that I wouldn't kick myself in 2010 when AMZN is bigger than Wal-Mart. That's my "regret minimization strategy". I only buy a small portion of YHOO, EBAY and AMZN. But according to my analysis on ATHM, I feel that ATHM is less risky with about the same potential as the rest of the netstocks, I weight ATHM heavily.
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