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


To: Jan Crawley who wrote (14782)8/27/1998 12:10:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
My internet long position, Jenkon JNKN, is up right now (although only 1/16 to 6)! No barn burner, but I got in at 5 on the IPO.

The markets look pretty nasty and the sign that the individual investor has begun pulling out could be very damaging. It's a good time to be short on stocks and carefully sell puts on others. But the worst may not have hit yet. The darlings are holding up pretty well and have a lot further to go before a reversal is likely. I'm still holding onto the opinion that the inet stocks won't plunge until OCT-DEC.