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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.24-0.6%Dec 17 3:59 PM EST

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To: OtherChap who wrote (23704)10/29/1998 1:30:00 PM
From: H James Morris  Read Replies (1) of 164684
 
Oc
They won't and your idea of buying Nov puts is crazy!
Get a gripe on what really has been going on and you'll see this 'Thing' is bullet proof well into the new year.
Did you notice another Elephant joined the pack today? Yes Alex Brown and AB is probably the most speculative of the pack.
One of the most followed short sellers is Fleckenstein. When asked months ago, would he short the ' Thing', He said "absolutley NO!!" he went on to talk about how this 'Thing' cannot disappoint. It has no fundamentals to disappoint. All it has to do is show revenue growth and it's bullet proof. The point that made me decide to not mess with this 'Thing', is when he said and this won't end until this Internet Mania ends. This 'Thing' is a concept stock that won't take a hit until something or someone comes out and proofs that this mania was just that. A mania.
Retail Wall Street is now telling the uninformed that eBay is going to be
the major player in a $180bil business. Selling used shit on the Internet.
My advice especially with your passion is milk this mania until it ends.
Hell! It might never end.
Don't trust me on that.
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