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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: Glenn D. Rudolph who wrote (42168)2/24/1999 12:19:00 PM
From: John Donahoe  Read Replies (1) of 164684
 
RE: I lost enough on AMZN don't you think?

Think of it as tuition. I don't short as a matter of principle. Too much unknown risk.

I buy stocks with the expectation I will hold for a year at minimum. Short term in and out trading is for gamblers.

To be a successful gambler you must, as Kenny Roger's sang in the song The Gambler: "You got to know when to hold em....you got to know when to fold em....". Needless to say, I don't.
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