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

To: Sarmad Y. Hermiz who wrote (103986)	5/25/2000 12:25:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Either because they are plugged into the network of broker news, or because they have a knack for this kind of speculation. I don't have it. I do my thing which is value investing, and I poke along with so so results. I can't say I can play momentum investing. I am pretty poor at that. I speculate more than I had but with small positions. I am more conservative in total than I have been in the past since I placed funds in fixed assets. We all know there is no logic for any move in amzn's price. Why did it go down to 40, and then rise to 50 ? Might as well ask why it rains someday and the next it is sunny. I believe I can answer the last part better<G> I'm sorry you're offended. But I do feel that the current momentum style is stupid, and there is no need to pretend that I wish it's practitioners any success. The sooner it withers, the better, as far as I'm concerned. I am not offended just was wondering about the thinking. My speculative plays are not based on momentum since I do not use TA. I am trying to sort a few possible winning speculative plays out of likely thousands of losing plays. I made an assumption that may or may not have merit and that is AMZN at least has institutional backing. Candidly, I can't tell you why it does but my assumption is the institutions could know more than I so I speculate. I have nothing against value investing and my value positions are mostly in value mutual funds. Glenn