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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Eric Wells who wrote (108981)9/26/2000 5:28:14 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
I tell you, that HB is a smart guy. $150 a share - what is that, about 2400 times earnings?
What a bargain.


Eric,

I am not that fond of HB. His claim to fame is the short squeeze he caused with his very high price target on Amazon. Now his name is known and he has a very good paying job. I lost a lot of money when I was short when he made that call. The plus side is I have taken his advice on the long side except for VERT which I am not sure he had anything to do with my decision. If I would have bought the stocks he has as a buy, I would be totally broke. I hope he never becomes a money manager for a fund or something. Anyhow, VERT was my worst losing position this year. I sold all but 100 shares yesterday at a huge loss. I should have sold the last hundred too based on today's comments and market action. the last I saw was HB had a price target around 150 on VERT. I will have to look.

Glenn
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