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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%3:59 PM EST

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To: Glenn D. Rudolph who wrote (119598)3/7/2001 10:11:53 PM
From: Victor Lazlo  Read Replies (2) of 164684
 
<<My anger stems from the number of people of which I am aware that were literally financially ruined by this firm. I really did receive a lot of PMs here from people that had been short, borrowed money, etc. and could not recover. Some had their marriage break up due to this and other problems. They are no longer even posting:-( >>

Glenn these people were ruined by their own speculative moves in the stock market.

I know of a truck driver who took his kid's college education fund plus cash from about 8 credit cards, and put it all into one unlisted internet penny stock. He's lost about 95% of it and can barely make the interest payments on the CC's.

The kicker is that a good part of the time, this guy is driving his truck and was out of touch with what the stock is doing. So is the co he invested in to blame? (it is not amzn.)

I mean, if a person is going to do such a wild thing, would they not consider at least diversifying a bit??

It boggles the mind.
Victor
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