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


To: Jan Crawley who wrote (10335)7/14/1998 5:21:00 PM
From: SimpleInvestor  Read Replies (2) | Respond to of 164684
 
Some people wonder who is buying at this level. Here is an example.
And it is from a big bear of amazon.

Since I have been holding AMZN for over a year, I believe that MOST amazon investors, who I assumes were in long time ago, will not sell at all. Since every people/media on the street claim AMZN is rediculously overvalued, people who has never short AMZN will want to give it a try, only found that momentum player drive it up. That turn themself into new momentum players. This cycle goes until AMZN start showing signs of revenue slow down.

Therefore, I will not sell until I SEE the time when AMZNs' revenue stops growing.

I hope every long time investor of AMZN do the same.

Good luck to long and short.

SimpleInvestor



To: Jan Crawley who wrote (10335)7/15/1998 8:32:00 AM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 
Congrates on your 1,500 shares; probably $15K profit!! We need a full report after
closing today..:)) (just kidding)

Still waiting for my play of today, July 110 puts for $2 1/2.


Jan,

I made all the right trading moves for three straight days. Yesderday, I could not have done worse. Today is another day. So philosophic:-)

Glenn