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

AMZN 226.76

+2.5%

Dec 18 3:59 PM EST

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To: Bill Harmond who wrote (26800)	11/19/1998 12:45:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Yes, I sold my portfolio on Monday and, in retrospect, left money on the table. Overall, I imagine the portfolio would be up around 20% in the past two days...a fact you apparently find worthy of special mention. William, I would take the heart of the move which you did get any day. I'm going to clue you in. I sold Yahoo and Amazon and AOL more than 20% from their highs in July, and again this time. That's two times this year. I have a 260% gain for 1998, and I'm up over $1 million in the past nine weeks. Selling seemed the natural thing to do. I would be elated with these results. It is good work on your part and there will be other opportunities. I had gone short again at the time you sold. Clearly, my movement predictions have not been good but I felt the top was reached just as you. Glenn

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