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

AMZN 231.35

+0.1%

Jan 21 3:59 PM EST

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To: Eric Wells who wrote (86311)	12/6/1999 12:02:00 PM
From: Randy Ellingson	Read Replies (1) of 164684

A volatile stock market also poses risks to the economy. And concern over risks of a rapid decline in the stock market might lead a wise investor to hedge an investment (without selling), whether it be through options or other investments - one would have to have an appreciation for risk in order to do this. Wouldn't you agree? No, I wouldn't agree with hedging strategies; they cost money and are risky in and of themselves (the risk of missing upside in this case, and imagine how many people have done just that over the past ten years). Nobody has ever shown that they can consistently time the economy or the market. Everyone's timeframe and risk tolerance are different. Mine are pretty longterm and aggressive, but I still own PG, XOM (selling to buy BPA, which has a better solar energy development program), WLA, JNJ, MMM, ONE. Randy

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