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


To: Sarmad Y. Hermiz who wrote (104174)5/26/2000 7:40:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
You know last year after I lost retirement money on shorting amazon, I felt upset enough to
just trade in a hyper way until I recovered it and then some. (Edit) . Well I don't need that
anymore and don't want anything to do with the people who do it while denying it.


You are stating you recovered it?

At least HJ
is honest about his logic.


At times is all. He had no problem playing the IPOs. I certainly do not hold that against him.

I don't think you'd feel
good selling your amazon shares to your brother or cousin. You would only sell them to a
complete stranger whose loss would not cause you embarrassment.


William Harmond made the statement:

"This si the stock market nothing more and nothing less"

I remember it well but his point was lost on me at the time. I believe his point was not to decide if this is ethical but rather if one decides to be a participant, do it better than the next person. We are willing participants when be take a position in the stock market. We have other choices. The real issue is we cannot change what the stock market is. If the stock market is too unethical for one's blood, place those funds elsewhere. I do not believe William was/is hiding anything. I do not believe James Morris is either.

I have difficulty finding bad in people. I believe that more than 99% of the people I meet are good. There are bad people but it is rare.



To: Sarmad Y. Hermiz who wrote (104174)5/26/2000 7:52:00 PM
From: Robert Rose  Respond to of 164684
 
<At least HJ is honest about his logic. >

I agree. I appreciate that in him.

(But the bickering today really got me down. As if the market wasn't enough as it is....)



To: Sarmad Y. Hermiz who wrote (104174)5/26/2000 10:58:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
You have morality issues here. Those are your values, but don't assign guilt.

Tell me this, Sarmad, is a long-term investor a thief like you say a momentum investor is?

The stock market is an open exchange market. It suffers abuses like any system, but the bottom line is you risk your money and you make your bets. It's completely secular, and trading is based almost entirely on incomplete information.