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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Eric Wells who wrote (104137)	5/26/2000 4:51:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

But you were right for only a few months. One might conclude that from the viewpoint of a long term call, you were wrong on this one (don't take offense - just stating a point of view). But who knows - perhaps, ICGE may rise up to 212 again soon. Eric, You state your point well and this is where I get confused. My feeling is ICGE should have never climbed to the heights it did. On the other hand, who am I to say it never will again? The market has been volatile the last few years. Those that were long the "high flyers" did well so far assuming they sold or at least took a part off the table. Those that were short and could not hold the position were killed. But to state that those that were long these stocks were wrong because the stocks have come down now is not necessarily true. We do not know what the future will bring.

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