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


To: Robert Rose who wrote (70326)7/28/1999 2:53:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 164684
 
>> Bezos is charting new territory. I'm trusting him

What an interesting and to the point comment by an Amazon bull! I totally agree with you that Bezos is charting new territory.

Have you ever been on a packout hike or a mini expedition when you are guided by a person who has done it before? You go for a couple days, and the guide's map(business plan) does not seem to be correct. So he whips out his compass and decides to go off the topo map and that will surely get you where you had planned to go(auctions say). No, youre as lost as always. The guide dives into his backpack and get a GPS and pinpoints the destination. After another longish trek you see the destination, but there's a 3000 ft. chasm on both sides(and since you didn't have the topo map aka discarded business plan you didn't foresee this problem). What if dscm type ipo's start getting no responses--won't be the first time(even dscm ain't doing quite that well by the nut standards).
Some people would agree to go along with such a guide(such as people who bought at amzn at 221 and are holding). Me, I am outtie!
-pwm



To: Robert Rose who wrote (70326)7/28/1999 3:10:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Robert,

Sold short 500 exds at 133.