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

To: Candle stick who wrote (1711)2/26/1998 10:42:00 AM
From: buckeye3d  Respond to of 164684
 
Candle, thanks for the reply.

Making money is the best answer :-)

Most of the companies you mentioned would NOT be companies whose business I would call "good". The exception being Rainforest Cafe. Boston Chicken and DJT are companies with all kinds of problems. A great short IMO. RAIN would not be. It's very profitable and has strong financials. The drop b/c of SSS was unwarranted and RAIN is coming back strong. You would have had to have excellent timing on that one! Dell is the perfect example of why not to short a strong company IMO. I'm amazed at the number of shorts who continually eat it with DELL. Great companies get overvalued, it doesn't mean they will correct in a major way.

Anyway, thanks for your view.

Alex



To: Candle stick who wrote (1711)2/26/1998 2:52:00 PM
From: William T. Katz  Read Replies (1) | Respond to of 164684
 
I'm with you Candlestick. Just doubled my short at 70 (initial short at 60). Am prepared to see 80 where I will add 50% more short.

I'm patient and unlike my previous times shorting, I didn't start off shorting the farm. Bertlesmann entry is yet another good sign that eventually the valuation on AMZN will return to sanity.


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