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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Bill Harmond who wrote (24580)	11/5/1998 2:51:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

*OT** William, You are about as bullish on the internet stocks as anyone I know. That was not an insult since I believe the internet future is great. It simply was a leadin to what your present thoughts are on the valuation of YHOO. YHOO is one of my favorite internet companys along with AOL. However, am I missing something in your opinion regarding valuation here? I occasionally have shorted YHOO for just a day or so. I never planned on taking a large short position. I also never thought YHOO would get this high so quickly so am thinking about a shorting opportunity based soley on valuation. Any opinion? Glenn PS, Let's stop debating AMZN. You and I will not agree ever on it. We need to wait until 2002. If I am wrong, I will readily admit. I believe I understand AMZN better than I do YHOO.

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