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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (103978)5/24/2000 11:35:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
Well I don't want to name names, but do the initials GDR sound familiar ? Anyway I hope we
get a bounce up for your sake, (and so I can short it at 70). But really Glenn, don't you think
the dotcom thing has gotten old ?


Two problems here. Buying a stock to make money is not capitulation of any kind. Secondly, you are grouping a very wide range of stocks into the same category. The days of ever dot com going up are over. That is true.

And the believers who aren't so quick, or who don't
understand the game, they are stuck. I think that's why HJ harps on the fact that you seldom
see a post saying I sold. Only when you ask are you still holding xyz, they say, oh no, I sold on
March 13 at 200, or whatever. And the trusting person thought it was a long term hold. I am
not saying there is dis-honesty. What I dislike about the so called new econ investing is that is
is just disguised momentum/greater fool speculation. But they won't admit it.


You make people here sound like they are involved in a comspiracy. You are coming across as being jealous of others.

I stated I have little conviction for AMZN and VERT but I have a lot of conviction for many other techs I own. The two I mentioned are more speculative for me.

It feels like I have to defend a position I take if it is long or short. I find defending stock positions I take to be getting very old.
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