Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.60

-1.6%

2:13 PM EST

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To: H James Morris who wrote (15040)	8/29/1998 1:10:00 PM
From: Bill Harmond	Read Replies (5) of 164684

It took a buckling market to get Amazon to finally break support yesterday (along with the entire list of blue-chip technology) and you're gloating about how right you've been? Then you're making it worse by getting personal? Show me the money. You shorts have been wrong about Amazon. Just look at your confirmation slips. I hope you make money back during this decline, and if Amazon acts like its high-beta self you might do well...if you realize what a stroke of luck this market panic is for you and act accordingly by not over-staying. But remember: You have been wrong about Amazon the company, and don't confuse this price decline with that. Nothing has changed. All the forces coming together to make Internet commerce a reality, and Amazon's leadership position are still intact. Don't over-stay your short position because, from the latest short statistics, you have plenty of company (don't let the door hit...) when time comes to cover.

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