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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 235.22+0.5%10:44 AM EST

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To: KeepItSimple who wrote (38414)2/6/1999 1:56:00 AM
From: Dwight E. Karlsen  Read Replies (2) of 164684
 
People are definitely putting serious money on the line, with a whole lot less thought than for example buying a new car. I lost 6K in one trade, just disappeared overnight, about a year ago. And that wasn't even an i-nut stock. Sure there are people like William who have been in the market awhile, and have paid their dues years ago, but I think that a large percentage of ppl out there don't really believe it's possible for them to lose large sums in the stk mkt. That only happens to the other guy/gal.

Some ppl are waking up now realizing they hold Yhoo at $440-$445, or Amzn at $185-$195. It takes real money to buy very many shares at those prices, and supposedly Jenne bought 500 shrs of Amzn at $185. She's down some serious change already, if she's still long those shares, unhedged. It's started, and it ain't done yet, IMO.
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