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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%3:59 PM EST

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To: Rob S. who wrote (88529)12/28/1999 12:15:00 AM
From: Victor Lazlo  Read Replies (2) of 164684
 
Rob this reflects my thinking re PCLN. All the geniuses around here thinking the longs are right and a short squeeze will occur soon.

But do not the shorts have more at risk than the longs? I think yes. The shorts can lose an infinite amount of $$, while the longs can lose only 100%. Neophyte investors rarely go short; most shorts are experienced market players.

Therefore, who is more careful? Who does more homework? Who monitors the position more closely?

To me, the answer is clear. And so far, with PCLN, the results affirm my opinion.
Victor
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