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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: Goldbug Guru who wrote (36182)	1/23/1999 1:55:00 AM
From: Stefan	Read Replies (1) of 164684

I am here. I really believe that it is a sucker rally. It goes like this. First bears had an addiction, shorting AMZN believing that it will go down because they have shorted it on valuations - big losses. They kept on shorting all the way up and got exhausted (lost large chunk of the cash account). Now we have new phenomena, longs think that it will never go down to realistic valuation simply because it is an I-nut stock. Any upswing is and will be considered as buying opportunity. This will lead to big losses for longs. Conclusion - only cool heads will come up with more than shirt on the back. Were you conditioned to buy AMZN or YHOO? If yes then call for support at 1 (800) IAM INUT. Wish you all good luck and don't fall for hype. Be safe. I own March puts options on AMZN. For those who want to know.

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