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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%3:59 PM EST

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To: hal jordan who wrote (8908)7/6/1998 2:08:00 PM
From: Olu Emuleomo   of 164684
 

I don't believe in shorting this stock because I could be very wrong. I was absolutely positive
AMZN was going to go down after the split; instead, it more than doubled. There is always the
possibility this stock never corrects. Therefore, I will play it somewhat safe and only buy puts with
money I can afford to lose.


I agree and disagree with you.
a) I don't believe in shorting this stock because I could be very wrong.
I agree. Never short a stock because of valuation...I was guilty of this crime, but I corrected it quickly!

b) There is always the possibility this stock never corrects.
Impossible. AMZN WILL correct. We just dont know when...

--Olu E.
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