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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Blacksmith who wrote (21)8/5/1998 1:55:00 PM
From: drjoedoom  Read Replies (1) of 1438
 
<< Probably the same people who still buy Amazon at 110 >>

I assume you're joking.

The guy who spent more than $1.1 MM (303,000 shares at 3 3/4) on HEC late Friday isn't an investment newbie. That's not to say he's necessarily right. He's just not the "floor bandit's" patsy.

I won't get into the relative merit/demerits of AMZN. Had that one in my crosshairs a year ago and just let it get away.

Joe
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