Amazon.com, Inc. (AMZN) Message Board

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

AMZN 230.13

+0.4%

11:09 AM EST

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To: GST who wrote (34922)	1/14/1999 2:30:00 PM
From: David in Ontario	Read Replies (1) of 164684

GST...I'm not a day trader Always have the long term in mind...follow the Buffet model...buy great stocks and hold, with a few for trading. Day trading is a mine field - great way to loose money faaaasst. Given the volatility of the 'net stocks over the last couple of weeks - just one positive report could easily add another 50 to AMZN in a day. In my view it's dopey to sell AMZN today given that Bezos will be giving a major speech this afternoon. Look at the AMZN intraday chart. It's just sitting there - the whole market is waiting to hear him. The consensus is the AMZN is a great stock to hold...given Bezos's talent for implementing the right business model at the right time. I foresee that in looking back at the AMZN tape 5 years from now that this early January 'spike' will look like a small bump - with a powerful uptrend - just like CSCO, MSFT, etc. I can wait. For more active trader's...I wish you all well. David.

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