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


To: H James Morris who wrote (21018)10/9/1998 8:19:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
<The gloom surrounding Net stocks signals, at least to Jamie Kiggen of Donaldson,
Lufkin & Jenrette, that the market's nearing a bottom.>
Next to Mary Meeker, Jamie is Glen and my, favorite optimist.


James,

I have been archiving all these interviews, reports, etc. on AMZN. Not sure what I can do with them except revisit how this played out years later.

Glenn



To: H James Morris who wrote (21018)10/9/1998 9:10:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
you are right! return is to value investing. this is why i say correction and 21 pt. drop
was gift horse for shorters of amazon.com. market is bullish. over valued or not it is
risky to be short in this market. i would short again this stock if i could get stock to
borrow. but it would be with extreme caution at this point. boxing it is best bet i think!


I tayed out on a limb today. I felt the move up was on small volume and not on par with the move of the NASDAQ. Taking into account, the beta of AMZN.

Glenn