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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%3:59 PM EST
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To: Tom D who wrote (15826)9/2/1998 4:45:00 PM
From: Oeconomicus  Read Replies (1) of 164684
 
I hope the recent volatility has worked out well for you.

Thanks for your concern. Unfortunately, I've only made relative nickles and dimes on these internuts lately. So conditioned over the last few months to expect the dipsters to come in, I've settled for small profits where I could get them and sold every set of puts way to early.

Good luck and don't forget your sell discipline if/when we hit 70 again. If these stocks really fall from favor, it would not surprise me for some of the internuts to lose 80-90% of their peak values (look at the first round of internuts from '95-'96). Of course, I also have my doubts about the long-term financial viability of AMZN, but that's only relevant when they run out of cash, which should be a while. All that matters now is sentiment.

Best regards,
Bob
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