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

To: Glenn D. Rudolph who wrote (104159)	5/26/2000 5:49:00 PM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

Let's say that is the current stock market. Would it not be wise to not play in this area at all? Glenn - I don't claim to be wise. While others made vast sums of money in the market over the the past two years, I didn't make much at all (comparatively). As to what to do in this market - I'm 100% cash at the moment. I make small trades now and then - but I do so cautiously. I realize that being all cash puts me at risk of missing a massive upswing (which might occur if Greenspan comes out with a public statement that interest rate hikes are over, however unlikely that might be). But to go long in this market, one either has to be willing to sell quickly (if the face of a massive selloff) or willing to endure the pain of continued downward moves. I'm not up for enduring the pain. Which is more painful? Losing what you have - or missing out on getting a better return on your money? In my view, losing what you have is more painful - and in this market, I believe there is more risk in losing what you have. So, I'm waiting for a return to stability (if that ever happens) - and looking for other ways to put my cash to work (such as investing in my own business). Is this wise? I have no idea. But I find I sleep well at night. Thanks, -Eric