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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: Glenn D. Rudolph who wrote (8731)7/3/1998 11:45:00 PM
From: Roger Smith  Read Replies (1) of 164684
 
Hi Glenn,
Just read Business Week briefing about some mutual find manager who runs TransAmerica Fund.

His biggest investment is AMZN and has done very well. He says that short term the price is rich but long term it is a buy.

It is very difficult to judge any analyst. They were touting MANU and AFC. Both of them lost 50% of their value in a day. Even for all the internet stocks, they would issue hold/sell when the stock is in teens.

It has been a very rough ride for me and I am almost on the edge for going broke completely. Have been shorting since 50s and did not cut losses.
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