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

To: gbh who wrote (5397)	6/10/1998 3:04:00 PM
From: F The	Respond to of 164684

Hi gbh, I don't think it is safe to buy long for AMZN at this kind of price, but if you are day trading, long or short would make money if you get in and out at the right time because of the price range. In a longer term, the insiders would want to sell their shares and the manipulators can do no more. It is just a matter of when. Look at what happens to KTEL. I think KTEL may get a class action suit. I am planning to hold short for as long as I can until the price drops. If I am wrong, It means I am prepaying my taxes for future capital gain or I will offset to sell my profitable speculative real estate. Wow, the market turns negative. Right on, I have lots of short stocks.