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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Olu Emuleomo who wrote (62446)	6/14/1999 4:34:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Olu, Actually, this is no worse than February. It is going to take a lot of hard work (the old fashioned way) to recover the losses of the last few days. I am lucky, I have a very small position in the nuts. But even that adds up. And then there are the people with big positions. And when you add up all the days they have been dropping, it is a catastrophe. Of course for some others, a very joyful revenge. Was the sentiment like this in February ? I don't think so. It was a sharp correction lasting a few days, then boom, new highs. Where did all the buyers go. Japan ?

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