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

To: H James Morris who wrote (110728)	10/18/2000 11:53:20 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164687

Are the clowns still holding AMZN?

To: H James Morris who wrote (110728)	10/18/2000 9:31:58 PM
From: Victor Lazlo	Respond to of 164687

<<The fact is this is the first down turn the clowns have ever experienced. >> Good point, HJ although I would say this is the first bear market the clowns have ever experienced. Sometimes I hear their radio program on the weekend, and last weekend they were again drubbing the "buy and hold" routine. Not sure how long that will hold sway with people if it even has till now. Victor

To: H James Morris who wrote (110728)	10/19/2000 10:38:58 AM
From: Eric Wells	Read Replies (1) \| Respond to of 164687

Eric, could the clowns be wrong? James - I don't put much faith in the clowns - and in truth, I don't like Ariba because if you look at their financial statements it looks like they are getting cash to fund their operations through deferred revenue obtained from customers to which they have granted warrants on their stock. That being said, I don't think the Nasdaq will continue go down (at least not for the remainder of this week) and even though ARBA is down today, it will probably rebound (how can the Nasdaq go up and ARBA fall?). It seems like we may not get any more bad earnings news - most of the big companies have reported - and things appear to be stabilizing in the Middle East (with oil prices coming down some). So, who knows, maybe Danny was right, maybe we have hit bottom for now. I bought some AOL, BRCM and ISLD calls today - while I think BRCM is over-valued, it seems to have greater immunity to negativity than just about any stock on the Nasdaq. I may hedge my positions with some puts on the same securities. -Eric