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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%3:59 PM EST

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To: Bill Harmond who wrote (76633)9/5/1999 3:31:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
I don't know the extent of these problems, but no software-intensive system works right away.

William,

I agree with you but I believe it would be "nice" if Amazon management brought their investors up to date. This could be a make or break problem depending upon the extent which neither of us know.

Selling Amazon because of this is like selling eBay because of outages. Short-sighted.

I am not sure they are the same. Ebay at least let the investor and their customer know what they were doing to solve their problems. My point really is that management should let the investor know what they believe is the problem and what they are doing to correct it. This does not mean the correction will or will not work but at least one has a clue.

On another note, anyone have an opinion regarding the movement of CSCO over the next two months? I wondering if buying the covered calls back would not be wise and or writing a higher strike price for them. I believe 70 was resistance and we sort of closed above that.

Glenn
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