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

AMZN 229.40

+0.1%

3:15 PM EST

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To: Jan Crawley who wrote (62427)	6/14/1999 3:42:00 PM
From: Lizzie Tudor	Read Replies (1) of 164684

Yeah well I learned this trick from my broker who is a pro, meaning really good... I know everyone considers themselves to be a pro trader LOL! Anyway he was down 40% in April 97 because he bet on coms and it crashed 60% or so. THe next month he went entirely to cash, and bought intc, msft and csco. The sure winners at the time, leveraged. There was no guesswork about it really, and in a month he had recovered the loss. At that point he repositioned for gains on the year. Thats what I am going to do here... I'm still up for the year but I think after a rout like this I'd like to make an agressive long play but I don't want it to be too obscure. AOL maybe, I don't know right now.

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