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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: H James Morris who wrote (103068)	5/9/2000 4:19:00 PM
From: Sam Citron	Read Replies (1) of 164684

>I've been a seller, and a shorter. What's your portfolio allocation, James? >Where is Wall Street parking it's $trillions? In stocks, of course. When you are paid to sit in front of a screen, it is very difficult to abstain from trading. They often tend to rationalize their addiction to trading as a fiduciary responsibility to remain fully invested: "They're not paying me to hold cash." >Hope there is no one here into Xicor. Not yet, but the smell of blood is always tempting. The CEO resignation is somewhat unusual in this country, where boards tend to be lame and leaders don't normally accept responsibility. As this is not a Japanese company, I have to wonder whether there are more shoes to drop. The Chairman was certainly upset.

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