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


To: Mark Fowler who wrote (16765)9/10/1998 5:49:00 PM
From: Peter Bernhardt  Read Replies (3) | Respond to of 164684
 
I think were going up quite a bit this time so get on board.

I sold the last of my puts this afternoon, so I have no axe to grind, but I still wonder, given Amazon's technical/fundamental situation and the current state of the market, why anyone should expect anything other than a short bounce. If that.

I wish you well, but remain puzzled by the optimism expressed here by longs.

- Peter B



To: Mark Fowler who wrote (16765)9/10/1998 6:07:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, don't over buy in # of shrs. Keep it to a comfortable amount for your risk
tolerance. It keeps me from going in and out all the time. I think were going up quite a
bit this time so get on board.


I will take your advice. My risk tolerance was much higher before AMZN wiped out so much equity being short. I was never stung that badly before. So smaller numbers of shares work for me and equity is slowly coming back.

I have complained a lot about Amazon the company. The stock movement should have been my real complaint. I can thank them for teaching me a major lesson that will serve in years to come.

Thank you Amazon now go Bankrupt<VBG>

Glenn