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

To: Jan Crawley who wrote (10356)	7/14/1998 6:12:00 PM
From: SimpleInvestor	Read Replies (1) \| Respond to of 164684

I think the point here is not who is stupid or who is smart. In my opinion, there is simply no way to predict the price movement of a stock like AMZN on a daily basis, at least not for a ordinary people like me. Therefore, all I can do, not to fool myself, is to hold on my long position of AMZN, until the reason that drove it up for the last 1 year goes away (internet fever dies, revenue grows slow down). I don't believe the theory of stop for the long. If the fact does not change, why bail out? Valuation is a subjective matter. I also owe MSFT for over 7 years and DELL for almost 1 year, for the same reason. SimpleInvestor