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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.35+0.1%Jan 21 3:59 PM EST

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To: Slumdog who wrote (33308)1/7/1999 7:39:00 PM
From: Mark Fowler  Read Replies (1) of 164684
 
Really sorry to here that you've run up some bad losses. Never let your losses run over 17 to 20 percent on these internet stocks when you go short. You need to get out of that Yhoo short position. If you think Yhoo is too risky for you Buy long then go with Aol and forget about it for a year or two you'll be amazed. Yhoo is going up near term possibly 350 to 400 hell who knows for sure i'm not setting any more price targets in here. Yes I do look at Yhoo is an indicator at times but not the only one i look at. I think it's very hard to pick a top on these stocks but if you stick with the leadership and when they do correct they will give back mush less. Too, I think the fundamental dynamics of Amzn has changed i do believe it will correct but not as bad as most would tend to say on this thread.
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