Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.16

+2.1%

Jan 23 9:30 AM EST

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To: Glenn D. Rudolph who wrote (8407)	7/1/1998 10:58:00 PM
From: James Choi	Read Replies (1) of 164684

>I am not going to fight it any longer but going long could >be a big mistake too. > Glenn >PS I may watch from the sidelines for a bit. The only reason I did not short this stock is because I could not get any shares. I thought it was an ideal candidate when it was 50 (split adjusted). Even in my wildest dreams I would have dreamt that it could reach anywhere near 70 let alone 100 or 114!!! Everyday I keep telling myself it will sink the next day, only to see it soar again and again. The probability of sinking the next day increases as the price goes up. I would have been trapped in this stock while keep averaging up. In other words, I would have been wiped out if I got any shorts when I tried. I can understand your pain. I hope you get your money back on some other trade soon. This one is just too unpredictable and irrational to touch. I get dizzy just watching it. James Choi

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