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


To: Mark Fowler who wrote (7867)6/28/1998 6:53:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
Glenn, here's a post that i was interested in for you to read makes a lot of sense.

Message 5040409


Mark,

I agree the post makes a lot of sense. I appreciate you bringing it to my attention. I am already short and do anticipate momentum down for a while. I will wait until that changes to cover.

I am bothered by the fact that the investment community groups AMZN into the "internet stock" category. I understand the business model of AOL and all the search engines. In either case, the fact does remain that AMZN is grouped with those stocks.

I anticipate fundamentals will take over but I question when. One year or five years. I would like to see a decent pull back to close out with a relatively small loss and move on. Come back as the industry matures and approach it then.

Glenn