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


To: Danny who wrote (100684)4/14/2000 12:45:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Bought BroadVision @ 33



To: Danny who wrote (100684)4/14/2000 12:48:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 164684
 
It is very possible to be a bear in this market while being optimistic about technology.

IMO, it takes someone with a very incredible ability to suspend disbelief to believe in these STOCKS.

Actually I'd consider it more of a state of denial of reality, rather than suspension of disbelief.

All it takes is reading the quote from Keith Benjamin where he stated that after leaving Robbie Stevens brokerage he was still amazed that he managed to fool so many people. He literally said his valuation methods were a complete fraud, but as long as the stocks kept going up nobody cared.

All along I called this price justification an act of insanity, yet people derided me for it. Now one of the main architechts of the fraud comes out and admits it was a fraud, and dammit i feel vindicated. It feels REALLY good.

And making money now, while being short, feels really good too. It's about time this bubble cracked.



To: Danny who wrote (100684)4/14/2000 1:13:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Danny,
I like what you did...that's smart.
Picking individual stocks right now...is hard to do.
So now your in a basket...looking to recover.
I'm now looking at more realistic valuations...I think by the end of this month...it should start to turn around.



To: Danny who wrote (100684)4/14/2000 3:11:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Tired of picking stocks. Bought Jan 01 QQQ 90 calls at
7.5


Danny,

How did you get 7 1/2. The ask is 13. I was trying to buy some???