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

AMZN 232.12

+1.6%

3:59 PM EST

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To: John Donahoe who wrote (74986)	8/21/1999 11:00:00 AM
From: H James Morris	Read Replies (1) of 164684

>>Not a mania. It's high risk speculation in a revolution.<< John, very good. It's these never seen before market caps that has really stopped me from ever putting these I-nets into what I call my core holdings. Now, since they've all lost half of their values, and the volatility seems based upon interest rates ( I'm very surprised that the lack of fundamentals appear to longer be the concern), I'll continue to have a downward bias. Taking little bites when it seems appropriate and always using max pain. I got out of eBay @ just the right time @ the getgo yesterday. It was pure luck, but I do give myself credit for using max gain most of the time. I kinda wish I'd also had the balls to ride these I-nets up on the upward swings, but why should I change when this strategy keeps working? Ps I shorted Mot the other day. Max pain there will be 94. Trust me on that.

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