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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: Mike M who wrote (62229)6/13/1999 11:05:00 PM
From: GST  Read Replies (1) of 164684
 
Mike -- <Whether a sell off is overdone or not is subject to interpretation> Do you think this is really T.D. or somebody paid to look after his media image? I agree with your assessment. This idea of 'pricing' in a tightening really bugs me. It is very risky business to ignore a fundamental shift in monetary policy. Where others see 'bearishness' I see incredible complacency. A 20% drop from here in the major markets could easily take the nets down 50% from where we are today. I would call that a serious risk. BTW, I have never advised anybody to short these stocks at any price --although 220 had my juices flowing.
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