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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.29-0.5%12:17 PM EST
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To: Jan Crawley who wrote (37260)1/27/1999 6:47:00 PM
From: GST  Read Replies (1) of 164684
 
Jan -- I have been posting here since the day of the top when I declared that the trend was now down. I called for a quick move to 100, and then some uncertainty, with a possible bounce to 150 before we resumed the move down to 50. I said this would all happen in a matter of weeks if not days and that many people would watch this thing empty their bank accounts along the way.

I said that the best thing to do was to decide whether or not you could afford to lose the money. If not I said, stand aside. I advised against shorting and using margin.

I sometimes get confused with this thing, expecting movement on the wrong day and such - which makes for a tougher options strategy. I have also pointed out that this company could go bankrupt and is not a good long term hold. I have not picked on or dissed a single other net stock.

Does this make me dangerous? By the way, is dangerous a good thing or a bad thing?

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