Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter V who wrote (12029)	7/29/1998 4:09:00 PM
From: Timoteo	Read Replies (2) \| Respond to of 164684

I'm deep in the red too (on AMZN), but I think the biggest mistake at this point is to jump ship too soon. I covered PRST at 70, (now 10), VIAS at 30 (now 15) ZITL @ 32 (third time, now 5 7/8). At this point there is no good news for the stock in the future. Momentum in the internets is definitely down and the market is tanking. I think it is far more likely we see 50 than 150, and at 50 AMZN is still overvalued by any measure. I think the next best short play is MSPG, bt I'll stick with AMZN. Best Wishes, Timoteo