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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: Sarmad Y. Hermiz who wrote (115363)	1/16/2001 2:01:14 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

But regarding ARBA's recent selloff. On Friday 85 m shares were sold. All of them at a loss ranging to 80%. If the sellers were so smart, would they have waited this long to sell. If they had any inside info, would they not sell the previous day at 30% higher. And another thing. On a day when half the float is dumped relentlessly, isn't it reasonable to think somehow it gets over-sold ? Sarmad, There were people actually listening to analysts on Friday. That is really scary considering it was these same analysts that were highly recommending ARBA. My position is ARBA is fundamentally sound. I do my own FA and take the risks associated with that. It is the way I know how to make money best in the market except in the midst of a mania. Glenn

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