Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.90

+0.4%

Dec 9 3:59 PM EST

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To: Tenpole who wrote (13870)	8/18/1998 9:00:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

I suppose that my view is based on the belief that the total collapse of the stock is the least likely thing that will occur. I agree that the fundamental situation holds no hope at present but that doesn't mean that it won't in the future. Whichever way it ends up, it's going to be fun watching! Tenpole, I agree total collapse in the near future is very unlikely. Observing is interesting and in hindsight, I wish I had prior to shorting at $44. I have learned a lot here. Never go against momentum no matter how much I believe the fundamentals do not support it. Discover if those on the opposite side of the stock are strictly playing for momentum or truly believe in the fundamentals. They will be more determined if they truly believe. Finally, cut losses short even if shares to re-short as in this case, are not readily available. Finally, thank goodness for DELL at the moment;-) Glenn

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