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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: F The who wrote (5653)6/11/1998 5:31:00 PM
From: Andeveron  Read Replies (1) of 164684
 
>> Well, I hope this is only a paper loss and I am quite hopeful we may recover later <<

There is nothing worse than holding dead money. Whether it be a stagnant stock that stays within $1 range of your original purchase price or holding onto a stock, waiting for a turnaround months down the line, if ever.

I went long on AMZN today near it's high, it's a freight train and it bucks all common sense, all rationale and any attempts to analyze it's valuation. I figure we'll see another 10-20 points on the upside next week.
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