Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.58

+0.1%

11:07 AM EST

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To: Techie who wrote (19505)	10/1/1998 5:24:00 PM
From: Bill Harmond	Read Replies (2) of 164684

Are you saying I should sell AOL, Amazon, and Yahoo because another hedge fund may get in trouble? Merrill announced their hedge-find exposure tonight and it doesn't seem particularly worrisome to me. In any event a hedge fund is just as likely to be short those issues, and a liquidation would be bullish, no? I'm up since Long Term Capital reorganized. Today was universally negative in the press. I wouldn't rely on any journalistic commentary today for perspective. Seemed to me like piling-on. CNBC's writers were particularly colorful. Aren't the numbers of new lows contracting on this decline?

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