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

AMZN 210.28

-5.5%

3:59 PM EST

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To: Rob S. who wrote (26444)	11/17/1998 5:54:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164685

Considering all the upward movement, I came out badly today by selling off way too early. Rob, You did make money and that is good. I would prefer to see a continual upmove since I am no longer short shares. I need the stock very high so I may gain back my losses during the drop. I may do that with puts even though they are pricy. I am planning on waiting until early spring when it becomes clear that Bert capured the European market amd AMZN is losing market share here. I know there are a lot of bulls on this thread and they win on upward stock price movement. The company has lost the battle in winning the European market. Bartleman along with AOL have seen to that. The battle is slowly being lost in the US market too. AMZN does not have adequate financial resources to properly add any other businesses. They do not even adequate resources for the book business. I believe they would like to stock more books to increase gross margins but the price of inventorying and the spaced needed for storage is huge. Glenn

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