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


To: Tom D who wrote (15380)8/31/1998 2:02:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
This market correction is long overdue. AMZN was ahead of itself. I hope it stays above
73.5 because I would like to hold it for a few years.


Tom,

You know my thoughts on that;-)

Glenn



To: Tom D who wrote (15380)9/1/1998 4:08:00 PM
From: Ed Zhao  Respond to of 164684
 
Tom, Forgot to remind you to place an open order to sell your AMZN at 50% off all time high yesterday. Looks like you blend your rule one today for not selling in the morning. There must be many other abide a similar rule and sticked with it, so I was able to buy some shares at 70 and turnout sold at 80 today.

My question to you would be to old one, what if AMZN manage to stay above 73.5 for a few days, then one morning, for whatever reason, AMZN opened 20% lower.

I certainly will not pray for that to happen. But my prediction is that chances are, you will not be able to hold your share for much longer. It would still be better off to sell you shares now.

XZ