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


To: Glenn D. Rudolph who wrote (70537)7/29/1999 1:36:00 PM
From: Tom D  Read Replies (1) | Respond to of 164684
 
Why I sold some AMZN...

I cannot think of anything good that will happen in the next few months to make the price go up. I figure the DSCM IPO was AMZNs last chance to have a reason to go up. I don't have a lot of confidence that your news about selling major appliances will move the stock. I was really disappointed with the attitude in the conference call.

I have cleared up some money to invest in ICGE. Depending on how much it is going to cost, and depending on how the rest of my DD turns out, I hope to put half of the AMZN money into ICGE. The other half of the AMZN money might go to buy back AMZN at a lower price.

Jan has gotten me to confess how much AMZN I owned. I felt that I had too much money in one stock. The remainder of my AMZN will be a long-term hold.

Tom D