Amazon.com, Inc. (AMZN) Message Board

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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: Cap_Loss_Cfwd who wrote (33022)	1/6/1999 9:34:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Today I finally gave up my last short position on Amazon, needless to say with major losses. Deducted at $3,000 per year I have tax deductions which should last well into the next millenium. I decided to cave not because I think AMZN is ever going to create profits worthy of 10% of its current market cap, but because the laws of economic gravity appear to have been suspended for the "Thing", EBAY et al. My life will be simpler and more peaceful without AMZN. I will keep in touch and maybe reenter if the opportunity presents itself. Glenn, I appreciate the angst you are experiencing over this situation. Cap, I am sorry for us both. I can carry losses forward for almost ever too. Glenn

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