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

To: Glenn D. Rudolph who wrote (22690)	10/22/1998 11:39:00 PM
From: Mark Fowler	Respond to of 164684

It is ready<< Glenn are you half boxed for tomorrow or you leaving it opened or close.

To: Glenn D. Rudolph who wrote (22690)	10/24/1998 10:34:00 PM
From: Gary Walker	Read Replies (3) \| Respond to of 164684

Irrational Ex........... How high can it go? biz.yahoo.com I'm sure you've seen the article "The internet stocks were big with Amazon (Nasdaq: AMZN - news) and Yahoo (Nasdaq: YHOO - news) leading the way again. Yahoo is within a whisker of an all-time high. Don't be afraid to buy these two stocks. Just don't jump in all at once. We LOVE eBay as we have discussed many times in this forum (Nasdaq: EBAY - news) and think it has a shot of going to $100 in the next year. We want to have a lot of this stock is it becomes very big. So we set up the following plan: We originally bought shares at 38 and then set a good-until-cancelled order with our broker to buy more at 42 stop, 46 stop, 50 stop and 54 stop. Guess what? We have a bunch of shares now at an average price of 44 and the stock closed today at 51 1/2. We will buy more ONLY if it hits 54, then 58, etc. We want to have a lot of this stock if it hits $100 within a year. If it doesn't, then we will keep our positions small. You can use this same concept with Yahoo, starting today at this level of $122, and adding more every $10 higher (or $20 - you choose the increment.) If it goes lower, you don't lose too much. If it IS the next Microsoft as Mary Meeker of Morgan Stanley has written, you will have a sizable number of shares if it continues to grow and lead the internet revolution." The next "Microsoft?" There are a zillion stories about what company was going to be the next Microsoft. Yahoo and some of the others are already acting like there are already there! So how far do you think this irrational stuff will carry on? gw