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

To: Glenn D. Rudolph who wrote (123984)	4/22/2001 6:39:34 PM
From: Victor Lazlo	Respond to of 164684

oops how'd I miss that one?

To: Glenn D. Rudolph who wrote (123984)	4/22/2001 9:50:14 PM
From: Randy Ellingson	Respond to of 164684

>> hey lose the fool posts- they rode amzn, yhoo, excite@home all the way down to almost zilcho. They were not prudent. << You left out a major one. That was Iomega. Someone would have to actually check the numbers, but be careful here since IOM and AMZN were quite possibly profitable enough holdings (in spite of the timing of their sells) to make these four positions an aggregate market-beating investment. Beating the market overall is their goal. AMZN is a 6x-er for them currently, and they did sell some at ~51 in 1998, and they paid $3.20 for all of these shares. Here are there notes from the last time they sold IOM: Transaction Stats: On December 17, 1999, the RB Port sold its final 1,960 shares of Iomega at $3 13/16, plus an $8 trade commission. The port gained over 200% on the trade, about matching the S&P 500 over the same time period. Apparently the portion they sold earlier did better: Most ways you cut it, Iomega was a great investment for The Motley Fool. The first half of our Iomega holding was sold over two years ago for a 700% gain. Our current Iomega position is good for a nearly 200% gain, while the S&P 500 has returned about 155% during the same period (before dividends). Yes, we did lose much of our advantage over the S&P 500 with the second half of the investment. I won't address the details of @Home and YHOO... <g>