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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.00-1.4%1:40 PM EST
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To: 16yearcycle who wrote (17102)9/14/1998 10:48:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

The point was that Harmond said the market would turn up, and in the next now 1.5 days
we rally 400 points. You think that is normal? For this he gets a bunch of crap. Typical
amateurs. Then another points out that he is better at it than Harmond. Uh huh. Did he
get the 400 point explosion within seconds?

William and I were discussing the fundamentals and long term growth prospects of AMZN. We were not discussing the market in general. I have no difficulty in trading AMZN or the market. William states he believe AMZN will be a huge success in the future. I disagree.

I wouldn't hold yhoo or amzn long. And I think yhoo's growth will slow, but perhaps not
for 2-3 quarters. I trade these stocks, they are relatively easy to trade successfully.

I trade these stocks too but I do not overlook fundamentals down the road.

If it matter as a point of competition, I have called the market in general better than Willim for the better part of the last week. Prior to that I was not calling the market.

I stated I am not competing with William. I only would like to make money in the market. I am stating that AMZN will be a failure and Mary Meeker from Morgan Stanley is not an unbiased analyst regarding AMZN.

Glenn
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