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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.24-0.6%Dec 17 3:59 PM EST
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To: Clam Clam who started this subject2/11/2001 8:38:29 PM
From: hdl  Read Replies (1) of 164684
 
Chuck Clough left Merrill Lynch 12/99. He had been bearish. Since, he made money shorting amzn. Blodgett goes on a limb with an accumulate. If he said sell, he might leave like Clough did. I think amzn is risky. I tried to short it when it was much higher. I bought it 12/29/00. I may lose money. I think I could make a lot. Amzn is the leader in its space and most likely to survive and prosper. I regret it increased its costs with warehouses, buys inventory,doesn't offer lowest price and its growth has slowed. I wanted it to be huge and hugely profitable in absolute terms.
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