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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: GST who wrote (40772)2/18/1999 2:50:00 AM
From: Bill Harmond  Read Replies (1) of 164684
 
>>Escalation of commitment to a bad decision -- made more likely by a series of previous good/lucky decisions.

Escalation of commitment to a bad decision? That's a load of crap GST. I think that Amazon at 100 is a good buy, plain and simple.

I sold Amazon at 158, and rebought it at 121 and 100. I don't see a problem. If my positions drop 50%, I'll be up 15% for this year.
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