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


To: Glenn D. Rudolph who wrote (8052)6/29/1998 9:21:00 PM
From: marion (Hijacked)  Read Replies (2) | Respond to of 164687
 
<<If AMZN closes decisively above 100, I am out of this stock. This has been a terrible adventure.>>

Glenn,
I would wait a little longer. ( If you can)
Wait for some of the internet companies to release earnings.




To: Glenn D. Rudolph who wrote (8052)6/29/1998 9:38:00 PM
From: IceShark  Read Replies (2) | Respond to of 164687
 
Glenn, This has been a terrible adventure.

Not even the Army or USN would describe it that way. It is hell, and I'm sure your life has been cut shorter. I have not taken a position in AMZN yet, however I did go short through IOMG, before and during when it split and became IOM. I was down $100k one day with the broker screaming at me regarding those pesky margins. I smacked him off with questions about having 3 (or was it 5 back then?) days to pay up, and a week later I was up 25 grand; but I felt like a squished frog on the road. Shorting is very hard in this environment.

Regards,

DWW



To: Glenn D. Rudolph who wrote (8052)6/30/1998 12:08:00 AM
From: Mike M  Read Replies (1) | Respond to of 164687
 
<<If AMZN closes decisively above 100, I am out of this stock. This has been a terrible adventure.>>

Glenn - I don't think you have shortened your life, but I do empathize with the pain....Keep an eye on volume tomorrow....4M won't cut thru the upside......It always looks the most bullish right at the top!

Mike



To: Glenn D. Rudolph who wrote (8052)6/30/1998 1:14:00 AM
From: jach  Read Replies (2) | Respond to of 164687
 
AMZN at 100+ !! imo, no stocks at these astronomical valuation stays intact for more than a yr. Tomorrow will likely go up some more, but first week of July will start the downward trend and a year from now, imo will be at 25 or less



To: Glenn D. Rudolph who wrote (8052)6/30/1998 2:09:00 AM
From: jawd  Read Replies (1) | Respond to of 164687
 
If AMZN closes decisively above 100, I am out of this stock. This has been a terrible adventure.

Pride always comes before a fall.