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


To: Robert Rose who wrote (89833)1/5/2000 12:54:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
This sounds like a repeat of the 4/99 discussions. Except that you're
espousing my arguments back then. I've decided to take half my profits,
which thankfully won't be due for 15 months. I can weather a decline
much better than I could last spring and summer because my net worth is
now so much greater.<<
Robert i have some of the best tax advisors and people working with me on this. I will remain fully invested with minor adjustments through the yr., nothing radical. I believe we're still in the early stages of another up cycle, Small caps, semi's, software,infrastructure, new issues and other leading techs should do well.

have a hard time imagining these stocks pulling back to their 200s - 50s
seems more likely in this more certain (vis-a-vis last summer) economic
environment. What do you think?<<

No and agree, this is planned profit taking in here...

Didn't you take some profits last spring?<<

Yes i Sold Amzn completely out to raise cash(which was a mistake in my view) so i do have taxes to pay there for this yr.