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


To: llamaphlegm who wrote (20219)10/5/1998 8:57:00 PM
From: OtherChap  Respond to of 164684
 
Actually, I prefer the "William" that we saw back when he announced he had just gone long Amazon, and it tanked 12 points that day. That afternoon and early evening he was rambling on in such an incoherent fashion that it could only be explained by him hitting the bottle in despair. :)



To: llamaphlegm who wrote (20219)10/5/1998 10:28:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
Day trade? How 'bout month-trade?

>>you swing like some manic depressive off his medication from praising the future of amzn and justifying its stock price, to pulling out of the market entirely, back in and justifying amzn, back out of amzn

I praise the future of Amazon, yes. When have I justified (or tried to justify) the stock price? If I'm going to make serious money with this thing, I must try to limit the draw-downs, which can easily be 30-50%. 30% would be around $135,000.



To: llamaphlegm who wrote (20219)10/5/1998 10:58:00 PM
From: Techie  Read Replies (1) | Respond to of 164684
 
This IS a traders market. You know what they say about pigs... How could you blame the guy for cashing out? All the good news about YHOO is already very well known. That's why I doubt it will pull itself or the group higher.

Nothing will be trading at 3-4 digit PEs going forward. Yeap, not even AMZN.