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

To: Bill Harmond who wrote (83692)	11/9/1999 4:18:00 PM
From: Lizzie Tudor	Respond to of 164684

Oh yeah - thanks. BTW I asked about CREE 2 days ago... anybody?? Up another 13% today. I don't know enough about their tech (semi sector).

To: Bill Harmond who wrote (83692)	11/9/1999 5:51:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

I'm pretty sure Amazon knows what they're doing with tools. Remember, Joe Galli, Amazons president, was president of Black & Decker. The margins in tools are very high. Willliam, You seem to find a positive in every move Amazon makes. On the other hand, I find it negative. The cash drain continues, the core book business is losing market share. Glenn

To: Bill Harmond who wrote (83692)	11/9/1999 7:38:00 PM
From: SLSUSMA	Read Replies (1) \| Respond to of 164684

The margins in tools are very high. Maybe for tool manufacturers, but not for tool distributors; margins are razor thin for distributors. Further, most people who buy tools are hands on people; they would prefer to buy after testing it and playing with it at a hardware store. Buying online is just not suited for guys who want to try out the tools first. I know I would fork out dough for a power saw without playing with it first. By the way...sold short 500 shares at $80 and change this AM at the open. The announcement and delayed opening was all the signals I need. Will put a stop loss of $72 to protect any profits made. USMA95