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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: craig crawford who wrote (131513)	9/19/2001 7:58:20 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

my point is we are a long ways off from a bottom glenn, so it's not even time to start "scaling in". Clearly, I am not in agreement that we have a lot further to fall. fair enough, but why not just wait until you find the right investment where you can hardly lose and then invest a bunch? why do you feel the need to put money to work here? i'm not saying you don't have a good reason, i'm just curious to hear what it is. bottom line, i'm interested to know why you want to invest in these funds right now. I believe the general market is close to the bottom. I can't say I know where the bottom is. I would like to have an average cost close to the bottom. I have never heard of the right investment where one can hardly lose. There is another issue. I can't get much return on cash at the moment in any money market fund. My on-line intiative has far exceeded by expectations. It is cash flow positive to a large extent and I anticipate the next quarter to exceed the 10 times the prior quarter. I just can't seem to learn to operate like Amazon and lose money in retailing. Heavens I tried by expanding my offerings within my industry thinking I may not be able to be well organinzed. Now Ebay alone is 30% of the revenue of one store and has a net profit of 7%. cgi2.ebay.com There are limits as to how much inventory I wish to own.

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