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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (57698)	5/21/1999 10:17:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

>> I was thinking more of Planetall. I can't make sense of any of their acquisitions. Especially that GeoWorks. What did they get there? A lease on a building and access to programmers ? Anyway, the amzn story is winding down. Too bad, you and I were too early shorting it. What I don't understand is why smart people like William, Mark and Eugene are throwing good money after bad. Makes me wonder if there was anything but luck in their early success with amzn. Sarmad, I concluded it was luck and a good understanding of TA quite some time ago. I suppose you could say it was not all luck due to the TA. However, if they continue with the FA belief, they will have problems. I leaned a stock with a small float, a high short interest and a good PR department can fly with momentum players. I noticed Keith Benjamine suttlely (sp) change his buy rating to accumulate. That is also true with Blodgett. What is Mary Meekers present recommendation? Glenn

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