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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Glenn D. Rudolph who wrote (115868)	1/21/2001 9:46:29 AM
From: Victor Lazlo	Read Replies (1) of 164684

Wow. I was looking very good too early in the year in the taxable accts. But from Aug thrugh Dec, 70% of my gains vanished! And that, despite my seling a lot of what I had in Aug and Sept because I really was getting bearish. But I held on to some stocks waiting for them to take one more upward bounce before selling them, and those bounces never came! Then in November I began to bottom fish and enough of that went bad so that i ended up with a fraction of the gains i had in the late spring. I did not get fooled by that summer rally- I did not think it would last into the fall. But I never suspected how brutal and consistent the Sep- Dec crash would be. Victor

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