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

To: Glenn D. Rudolph who wrote (140878)	3/24/2002 1:36:23 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>Do you recall a Bill Harmond?<< I've never heard of him before. What does he do for a living? >>Not bad scaling without selling below cost or providing free shipping.<< Yes, but do you morph, do you have secular growth, do you have "unlimited" upside potential? Are you an "unstoppable" tornado? If your answer to my questions is yes...then you will become my "monster" core holding.

To: Glenn D. Rudolph who wrote (140878)	3/24/2002 11:38:03 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, please pass this on to Bill Harmond.:) >>My Dumbest Investment Gone Fishing In the early '70s, when the market began its nose-dive, I liquidated my portfolio of AT&T, which at the time was trading around $60 per share. I then bought many shares of TWA at $28. The year before, it was trading at $108. As it continued to fall, I bought more and more, much of it on margin (borrowing money from my broker). After weekly margin calls requiring me to cough up from $200 to $800 because of the falling stock price, I finally sold at $17 per share. I've since limited my bottom fishing to halibut! – Steve Fanter, Escondido, Calif. The Fool Responds: Ouch. It's often not good to "average down," buying more shares of a stock as it falls, to lower your average buying price. It works well if a healthy company is temporarily in a slump, but not when a firm is in serious trouble from which it may not recover. If you're not sure which is the case with a falling stock you own, don't buy more. Margin should be avoided, too, or used in moderation Care to share an embarrassing lesson learned the hard way – or a clever move that saved or earned you money? Boil it down to 100 or so words and e-mail it to Fool@Fool.com. If we print your dumbest or smartest investment, you'll win a prize.