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

To: Imran who wrote (10576)	7/16/1998 9:13:00 AM
From: Glenn D. Rudolph	Respond to of 164684

One of the dangers you face as a short-seller is if AMZN uses their insane stock price to buy out a legitimate company. I don't believe Bezos is stupid enough to expect somebody else to buy him out. Unless revenues are an absolute disaster and only a 2-for-1 split is announced, this stock is range bound. The steady stream of articles on AMZN's inflated prices will die down and that's when they will start buying left and right. Imran, I understand your point well. I have decided to leave my position boxed until reality sets in. This may be months or years but I will unbox when fundamentals take over. I have been burnt twice here. As they say, once is share on you and twice is shame on me. Shame on me! I now have a position that requires little equity and has no risk. Patience Glenn Patience. Glenn