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

To: Glenn D. Rudolph who wrote (119598)	3/7/2001 1:51:15 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

>I really did receive a lot of PMs here from people that had been short, borrowed money, etc. and could not recover. Glenn, if they had just waited until Dec 2000 to short Amzn those people today could be living in Monte Carlo. Its all about timing and luck. What else can I say? Look at this way. Someone was lucky enough to buy Akami at 12 and sell it off at 305. Then there was some poor SOB who bought it at 305, and still owns it at 12! So, the moral to my story is someone lucked out, and the other one didn't!

To: Glenn D. Rudolph who wrote (119598)	3/7/2001 2:51:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

gdr, bezos could not have pulled off this scam if the heard didn't want to participate. companies put out releases all the time and their stock goes nowhere. but, then again, they weren't part of this "perpetual money making machine called the internet." yeah, right. bubbles hurt nearly everyone - long and short alike. smart and dumb. it doesn't matter. that is why i've railed against this bubble since 1998 and watched in awe as it blew up... then blew up... i was fortunate enough to limit my losses on amzn by playing out of the money puts. if i was right, i made 100s of %. if i was wrong, i lost my initial investment only. i can't imagine shorting this stock. UGGGGH!

To: Glenn D. Rudolph who wrote (119598)	3/7/2001 10:11:53 PM
From: Victor Lazlo	Read Replies (2) \| Respond to of 164684

<<My anger stems from the number of people of which I am aware that were literally financially ruined by this firm. I really did receive a lot of PMs here from people that had been short, borrowed money, etc. and could not recover. Some had their marriage break up due to this and other problems. They are no longer even posting:-( >> Glenn these people were ruined by their own speculative moves in the stock market. I know of a truck driver who took his kid's college education fund plus cash from about 8 credit cards, and put it all into one unlisted internet penny stock. He's lost about 95% of it and can barely make the interest payments on the CC's. The kicker is that a good part of the time, this guy is driving his truck and was out of touch with what the stock is doing. So is the co he invested in to blame? (it is not amzn.) I mean, if a person is going to do such a wild thing, would they not consider at least diversifying a bit?? It boggles the mind. Victor