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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Alomex who wrote (122215)	3/30/2001 9:29:29 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

I wish Amazon had stuck with those because I would not have been stupid enough to short them. I was under the impression you started shorting Amazon before they expanded into other markets... I believe I did start in 1997. I would have to look. I shorted more heavily when they expanded their product lines. The intitial model had a chance so it did seem like a good short on FA but clearly not on market conditions. The bizarre action of management in 1998 made the longevity of the firm impossible. I thought I would be able to hold the short but a 10,000% increase was a bit to take.

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