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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (62750)6/15/1999 10:39:00 PM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164686
 
I bought long. It is so. My average cost is 115.

Glenn, you hated this company more than I did....what changed your mind?


Mike,

They are becoming more of a VC firm rather than a retailer. I am not convinced of long term success but do believe the stock price will appreciate in the fall. I was just early again. Secondly, Morgan Stanley convinced me they can get Amazon as much money as they need at least through this year. I do not have a long rang plan here on the long side. That could change.