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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Daskin who wrote (51045)4/17/1999 10:31:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
>> probably it is more rational not to bet on it in this level.

Yes, I think watching right now is better. amzn is high enough to be very risky to the longs, but also many people like it enough to be very risky to the shorts.

However, I don't think it will collapse anytime soon. It may go for a long time without making a profit, but apparently people are patient enough to wait.
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