Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 229.60

+1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Ball who wrote (37676)	1/29/1999 10:02:00 PM
From: Bill Harmond	Read Replies (1) of 164684

>>I am not sure why you feel bearish on the market and the internet group. I'm not so bearish, just cautious enough not to be long. If I were bearish, I'd be betting bigger. Breadth stinks, less than half of NYSE stocks are above their 200-day averages and the situation has deteriorated lately, the Real is in collapse, etc. You're right about tech stocks. The semi equipment group and a handful of super-cap names are doing magnificently, and there's plenty of money coming in. The Internet leadership is consolidating and the secondaries are being bid-up on buyout speculation. Lucent is consolidating. For the past two years, Lucent has been the perfect bell-weather. Meanwhile Treasuries are doing great, and I'm in the middle if dividing-up management. I'm up something around 60% for 1999, and since I sold out I haven't had much focus or felt much pressure to risk much. I have a 1% position in Yahoo puts, 80% in T-Bonds, and the rest in cash. I'll be at the Montgomery Technology Conference next week, so perhaps I'll get my batteries charged.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next