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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 (60105)	6/3/1999 8:52:00 AM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Here I have my one moment after toughing it out long term for the first time ever, taking nothing but crap from this thread, the press and the market for six weeks (and no, KIS, I'm not down anywhere near 50%; it's around 24%), my stocks finally start showing life, the smoke clears, and I have my Iwo Jima moment, and its not like me? Mr Harmond, This is not the time to be the "martar." You may recall that I was short up to 10K shares of AMZN last year during the meteroric rise. I was sure I was correct. I tuffed it out. I took flack from the media, this thread and the market. That does sound familiar; does it not. Now was I wrong or unlucky? You seem to believe you are correct not lucky. I differ here. "This is the market nothing more and nothing less." This company has fundamentals that are so poor I have nothing to compare them to. I lost all the equity that I could afford to lose in the market last year. I have come to grips with four things: 1. I was correct but my timing was bad. 2. I should have known to cut losses. 3. I am as smart or smarter than the next guy in doing my fundamental analysis. That does not get the money back. 4. There are no prior stock to which one can make a comparison with AMZN AOL included. Get over it and don't play martyr to me. You were lucky but are acting as though you are not smart enough to realize that. Last year's returns were plain luck. You are no genious and you are no dummy. Learn from my mistake. I made it first and now have less equity with which to work. I wish I was lucky first. You have that advantage now. Use it my friend! Glenn

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