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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 219.64-1.3%9:58 AM EST

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To: HG who wrote (56489)5/13/1999 7:07:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) of 164684
 
HG,

I wasn't meaning someone like you who is trading every day and one trade is a small fraction of activity.

Now nearly all internet stocks (except very few) are way below their highs. Traders have a chance to recover because they don't care about the price level. They take their loss and make it back with other trades.

But at the moment there have to be many investors sitting on large losses in amzn yhoo dclk ebay nsol awre and many others. I wonder what they will do. Do they sell as soon as their stock gets near break-even, or do they wait for new highs. And specifically what they'll do in early July, if we get e-fever again.
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