Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: H James Morris who wrote (64740)	6/26/1999 11:31:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> It doesn't matter if your long or I'm short as long as we all can meet in the winners circle.;-)) << If you're looking for the winners' circle, here is the place: Message 10265925

To: H James Morris who wrote (64740)	6/26/1999 4:19:00 PM
From: Lizzie Tudor	Respond to of 164684

I'm not current,so please tell me what your average cost is? Whe're going to have two circles here. One for the winners, and one for the losers. It doesn't matter if your long or I'm short as long as we all can meet in the winners circle.;-)) HJ I am in a managed account with about 6 leveraged stocks in there which are mostly the big internet names... aol,yhoo,amzn,msft,csco and I have about a 7 bagger in the entire account for the last 2 year period, with no tax consequences yet. This buy and hold approach has been golden for me. In that capacity I like Amazon, I don't think its going to outperform everybody this year but long term I like it and if things progress the way they are looking now amzn could be a 10-bagger from here. Of course anything can change at any time but for me I will be looking for fundamental changes. In contrast, when I worked at Dell I cashed out (too early) and had almost a 50% tax bite as a California resident. Jumping in and out of positions won't work for me anymore, If I had to pay taxes every year on my gains I would have far less $$ in 10 years vs. strong buy and hold stocks even if my returns were 30% higher. I do a lot of trading in this small online brokerage account but thats just lunch money and I don't do amazon there, for me amzn is strictly buy and hold here. So I have a different focus than Jan,Sarmad,KIS etc.