Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Candle stick who wrote (1742)	2/26/1998 4:04:00 PM
From: William T. Katz	Read Replies (1) \| Respond to of 164684

Well, I violated my 60/70/80 short price thinking. I added 1/2 more short position at 73 just before bell. I have such conviction that AMZN is wildly overvalued that my new year's resolution in not having large (10+% of portfolio) position in any one stock is breaking down. Oh well, after making tons in first half 97 and then losing tons in second half 97, I figure I might as well go what my mind and gut tells me. People may bid this up technically and on a short squeeze. Where it ends, nobody knows. But in one year when all the big names are hoarding in on AMZN turf, this stock won't be valued at $1.7 billion.