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


To: Bill Harmond who wrote (19541)10/2/1998 12:03:00 AM
From: Jay8088  Read Replies (1) | Respond to of 164684
 
You mean, AMZN could be the next MSFT? Wow, let me buy some shares tomorrow. Oh no. My account is close to zero due to all those worthless October out-of-money puts I bought in early September! Darn it. It show that the only way to get rich in stock is to buy and hold a quality companies like MSFT - and AMZN.



To: Bill Harmond who wrote (19541)10/2/1998 2:39:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
William, You just don't get it! Bezos with the help of Morgan Stanley has hedged his shares.Now his S&P futures are going down, but not as fast as Amazon.con.
Tomorrow it might rally, but by the end of the year, it will be back to planet earth.