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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%3:59 PM EST
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To: Bill Harmond who wrote (58649)5/26/1999 1:02:00 PM
From: Robert Rose  Read Replies (1) of 164684
 
RR will at least be tempted to do so. I am down 50% in 6 short weeks and am getting tired of this sinking feeling. A bird in the hand and all that. And besides, I can do a lot of selling before I begin to approach the income I reported 4/15/99. My portfolio peaked 4/12/99. I was 10% into margin at that time. With the decline and an ipo I couldn't pass up (etys), I now find myself 25% into margin, which in a declining market is getting a bit uncomfortable.

So yea, I think these highs are going to be tough to take out during the next leg up.
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