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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%Dec 9 3:59 PM EST

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To: GST who wrote (110756)10/18/2000 5:01:06 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
GST,

I was afraid of the current market environment in that even good numbers are not sustaining valuations lately. I sold 1/2 my ARBA just prior to close. One reason was every firm has sold off even if numbers are good and I wanted to reduce my personal stress. I must say the numbers for ARBA were great. They do a good job of properly recording revenue which can't be said for a lot of firms. Valuation is high as has been pointed out and after hour trands are down 10 points for whatever that is worth. I believe in ARBA long term and will buy back in when I can.

It was a last minute flip a coin. Some other holding I have tanked a lot today even with good numbers. If after hours means anything, you can do well with those puts short term.

In short (no pun intended), we can both do well.

I still own gold but for different reasons;-)

Glenn
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