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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52-2.7%12:51 PM EST

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To: Robert Rose who wrote (86149)12/3/1999 8:07:00 PM
From: Libbyt  Read Replies (1) of 164684
 
ASDS...

I bought more yesterday, and today. Now...about 2/3rds of my position in ASDS is at a lower cost, and the last 1/3 at a higher cost. I hope to hold, and only sell the last 1/3 in 2000. My goal for the year 2000 is to try and become a long term "buy and hold investor"!

I bought AMZN in 10/97...my first purchase in the stock market, and later sold for a "huge" profit (I thought it was huge...LOL!) in 4/98. That is a good example of why buy and hold would have been a much better idea! Those shares would have split once 2 for 1, then later 3 for 1, and latest split 2 for 1....However, holding too much money in just one stock would have made me nervous!
Libbyt
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