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

To: Bill Harmond who wrote (134717)	11/13/2001 7:58:25 PM
From: Alomex	Read Replies (1) \| Respond to of 164684

..down from 250. Close enough. Losing 50% of your investment is close enough to a bargain? Have you no shame Bill?

To: Bill Harmond who wrote (134717)	11/13/2001 11:55:34 PM
From: Glenn D. Rudolph	Respond to of 164684

"To:Gary Walker who wrote (23809) From: William Harmond Thursday, Oct 29, 1998 10:51 PM View Replies (1) \| Respond to of 134733 >>Should a company with their growth rate and projected sales levels be suggesting losses of ~$2 a share in 1999? I doubt that will be the case, but why not?" "To:Victor Lazlo who wrote (24028) From: William Harmond Sunday, Nov 1, 1998 12:49 AM View Replies (2) \| Respond to of 134733 It's worth what the market is willing to bear. Maybe you think it shouldn't be worth $30, but it clearly is worth 126. I'm not posting this to be a smartass. There are forces working here that are pretty damned profound, and valuation is just the current guestimate of it. I haven't said this before, but even though I've been long Yahoo for 18 months I bought puts in Amazon last winter. I thought I saw a head and shoulders, and my Montgomery broker thought my decision was wise. It wasn't wise. I lost $15,000 very quickly. All the rational thinkers have been shaking their heads over Amazon. When this many smart investors are this wrong about a stock this long, there's something important going on. Amazon has had plenty of time to crash. It's had severe corrections, but it's a beach-ball stock...stocks that come back first after corrections. Beach-ball stocks generally are moonshots. One of the best investment pieces Sal Habash ever wrote (and there have been several very good ones) was about beach-ball stocks. I wish I had a link." "To:llamaphlegm who wrote (24085) From: William Harmond Sunday, Nov 1, 1998 8:31 PM View Replies (2) \| Respond to of 134733 >>your pretenses to acting as if it were some bit of priveleged It is priveliged info. I'm not naming the professional people who I had personal conversations with about Amazon, nor their funds' names here in a public forum. They wouldn't appreciate me listing them. I'm not a reporter. Get it? If you call that pretense, then I'm pretentious. "