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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Victor Lazlo who wrote (34591)1/12/1999 10:01:00 PM
From: Najib Mehanna  Read Replies (3) of 164684
 
My average price on amzn mid 30's why sell.....what if it drops to 100....i am still up 300% in 3 months .......I am holding.........bought .ycos at 52......still up 100% and i don't expect it to drop below 75$, cause if it does I am buying 500 more shares.......you bet amzn is overpriced, but you want high growth you pay a premium.......revenues increased 1100%, I will take 500% next year brings them to 3.5 bil, then I will take 100% year after 7 bil.......from 60 mil to 7 Bil in 4 years, I think amzn is still god long time hold, of couse anybody that paid 199 is insane, but when your price is so low, makes no sense to sell
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