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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: Glenn D. Rudolph who wrote (8723)7/5/1998 8:24:00 PM
From: Tom Kearney  Read Replies (3) of 164684
 
Glenn - The JD I'm referring to is the degree you list in your profile. I'm a bit fascinated, because many of your arguments regarding this stock sound like you're trying to convince a judge or jury about some great moral question. Consider your proposition the other day to the effect: Does anyone really believe this stock deserves to be priced at this level?

Wrong question. I started getting into NET stocks a few months ago because they kept soaring and I was sitting on the sidelines repeating the mantra 'bad fundamentals'. Sure, I could argue that these stocks should or should not be at current values, but what has been driving me is that obviously, the market loves this stuff. And I don't see why it should stop at this point in time.

I'm still buying. Tomorrow, loadin' up on NSCP.

Anyways, like I said I am really fascinated by this shorting mentality. Truth is, I would never short any stock. Ever. For any reason. Wrong mentality. I'm thinking about asking SI if I could use posts from this thread, and from the Bre-X thread to write a sort of journalized history about trading passions, interweaving the unbridled certainties of the AMZN shorts vs the Bre-X longs.

Screwy idea, huh?

Good luck to you,
Tom
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