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

To: KeepItSimple who wrote (70790)	7/30/1999 1:52:00 AM
From: 10K a day	Respond to of 164684

KIS, You are too rational... <<gg>> this is a manipulated, Video game, this is an options driven, bond driven, java driven, Video game... This is about running it up, running it down, chewing people up, spitting them out, and laughing at them... This is about a global projection of fear, global projection of anger, global projection of accumulated screwing, over a long period..... Projection of fear of the old School... You Betcha! This is about, trading in front, partial fills, java preprocessing, this is not about valuations, this is not about economic numbers, that is just bull.... thanks...<<GG>> i feel better...LOL

To: KeepItSimple who wrote (70790)	7/30/1999 1:53:00 AM
From: Typhoon	Read Replies (2) \| Respond to of 164684

I agree there is still more risk to these internuts and todays action is making it more painful. Even painful to watch. See my comment on AMTD page. I've been trading this market well. Ive reduced my put position from 600 to 300 I am short AMZN, NITE, GNET, AMTD, and BSYS. I am scaling out, but I think this bubble is burst. Period.

To: KeepItSimple who wrote (70790)	7/30/1999 9:07:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I can understand why you believe a 50% haircut across the board is impossible, but you MUST understand that another 50% haircut applied to the internuts would still leave them overvalued by a factor of 4 or 5.. Hardly an "impossible" scenario, don't you think? KIS, Growth stocks will have much higher PEs. The valuation model you are using is not accurate here. Glenn