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

To: hdl who wrote (119335)	3/5/2001 10:41:13 AM
From: gladman	Read Replies (2) \| Respond to of 164684

>>it is crazy to short amzn<< What's it like to be the Village Idiot?

To: hdl who wrote (119335)	3/5/2001 11:09:14 AM
From: manalagi	Read Replies (1) \| Respond to of 164684

it is crazy to short amzn yeah, i have been accused of that. as a matter of fact HJM and I shared the same room once in a mentally ill hospital in ojai. in unison all the patients cried: we are not crazy, we are not crazy. So I told HJ, let's cry a different tune. Both us us claimed we are crazy and love to stay in until we die. They let us out, and became members of SI. Low and behold, HJM posted like crazy, and I posted crazy things about amazon like shorting at 17. LOL your potential loss is unlimited. when amzn hits 13 1/2 today, I am out gor 3 1/2 point gain. So you have to know when to fold and when to hold.

To: hdl who wrote (119335)	3/5/2001 11:38:17 AM
From: Reilly Diefenbach	Read Replies (2) \| Respond to of 164684

hdl, I swear I am NOT trying to pick on you, but you shorted Dell in single digits, rode it to its high at 59, and covered and went long (if I am correct) in the low 30s. I know that you know the pain that can come with shorting and I respect your experience. Dell, at the time that you shorted it, had great fundamentals and was growing revenues and earnings at near a 50% rate. The difference here is that Amazon does not have great fundamentals, it has lousy fundamentals. Its current business plan will never allow it to make a GAAP profit and its debts will weigh it down for the rest of what I anticipate will be a short remaining existence. I believe that there is no deal with Walmart (nothing substantial for Walmart to possibly gain) and that the rumor and today's price action are a result of large investors wanting to get out. Good luck and regards, Stephen