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

To: Bill Harmond who wrote (118513)	2/25/2001 11:03:50 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I was talking about being long in general. This reminds me of my law school days when it was my job to try and get a straight answer<VVBG> Here it is very short: Are you still of the opinion that the company Amazon.com will be an extremely profitable company? Type a numeral "1" for yes Type a numeral "2" for No. This requires a very short answer 1 or 2 LOL... Glenn

To: Bill Harmond who wrote (118513)	2/25/2001 12:01:29 PM
From: Glenn D. Rudolph	Respond to of 164684

To: KeepItSimple who wrote (40247) From: Glenn D. Rudolph Tuesday, Feb 16, 1999 7:46 AM ET Reply # of 115238 My name in the press..... "The Meadville, Pa., resident believed that the stock of Amazon.com was overpriced. He bet that the price would drop by shorting -- selling shares of Amazon he didn't own in the hope of buying them back at a lower price later. But Amazon zoomed from the $15 per share, adjusted for splits, that he paid last March to more than $190. As the stock rose, Rudolph doubled his bet -- and eventually his losses. He borrowed $150,000 to short more shares. Gains in other parts of his portfolio narrowed his net loss to about $400,000. Interest costs were only a small portion of his total loss, but the borrowing was what allowed him to dig his hole so deep. "I believed and still do that Amazon.com's stock price is so far from reality that I was willing to stand behind my belief and in doing so lost a large sum of money," Rudolph said. "If I had not borrowed the money, I would have closed the position sooner. It allowed me to hang on longer. I'm not blaming anybody. It was my decision." He says he has sworn off shorting." phillynews.com

To: Bill Harmond who wrote (118513)	2/25/2001 12:58:50 PM
From: Glenn D. Rudolph	Respond to of 164684

To: William Harmond who wrote (39912) From: Glenn D. Rudolph Saturday, Feb 13, 1999 8:30 PM ET Reply # of 115238 Internet companies will see new highs in due course, and may prove to be amazingly strong through here. Their models are sound (yes, Glen, sound), and their growth rates are simply staggering. We are very early in this game. William, I am long AOL and YHOO. They are sound. AMZN is not sound. Not even close. I do not believe it will be a lot longer before my win of that bet is clear;-) Glenn