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

To: Bilow who wrote (7290)	6/24/1998 1:50:00 AM
From: jawd	Read Replies (1) \| Respond to of 164684

Incidentally, professional traders have a practice of limiting the amount of money they have at risk on any one trade. This prevents them from losing their capital through a series of unlucky or stupid plays. The usual limitation is 2% of capital per trade. A trader with a $100,000 account should only put about $2000 at risk on any one trade, or any one collection of very similar trades. Since AMZN can move about 10 points in a day, this means no more than 200 shares of AMZN in that $100,000 account. I believe that owning more is what the pros call "overtrading" and effectively turns investing into gambling. Pro traders do not trade 200 shares, more like 1000+ Why have $100k in a trading account if you only trade $2,000?

To: Bilow who wrote (7290)	6/24/1998 2:02:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 164684

carl, the past is not indicative of the future for amzn. after all, multiply the avg price for the last several weeks times the volume. do it during mid 1997. this run has no historical foundation. much too different. hey, 13/32 out of over 11 ain't bad ;-) totally different beast now, imho. i'm probably going to sit with my current positions. i've kissed my current positions good bye. the hype is not near the end. the first time we see serious selling will be after the lps is announced. then we start to slide down. expectations are very disconnected to reality. btw, b&n has a higher growth rate on the net than amzn, correct?