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

To: H James Morris who wrote (5943)	6/13/1998 7:50:00 PM
From: Skeeter Bug	Respond to of 164684

hj, the author is right in many ways and will be proven so. however, the caveat is that right or wrong doesn't matter until everyone else figures it out. this can take a while ;-) i watched mu double just before their pricing collapsed (actually, during at the end) and watched in amazement at the level of obvious idiocy that took place. shock. i couldn't believe it. well, mu sunk to the low $20s and is headed for 1. the single digits or 2. insolvency. reality will set in for amzn. whether it is from $60 $80 or $100 i don't know. however, we are reaching the absurd levels and ther overall market looks weak. once the market goes so will the rampant speculation that unproven companies are taking over the world. at least, i'm betting that way ;-) not shorting. too risky. putting. may wait a little to reload in puts. amzn may go a little higher. or, it may stay the same and the premies will drop due to lower volatility. good luck.