Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jan Crawley who wrote (25989)	11/14/1998 3:30:00 PM
From: Raiders	Read Replies (4) \| Respond to of 164684

Jan, I have a very strong feeling that Internet stocks especially AMZN is going to collapse. Barrons, even the analyst all over the place are calling this a bubble, a correction is due. I am seeing AMZN around $100 this friday or the week after that. I am short AMZN and Yahoo now and for the first time held it over the weekend. Good Luck . Raiders

To: Jan Crawley who wrote (25989)	11/14/1998 5:23:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

Hello Jan: I have always wondered about how people who trade in and out deal with all the tax issues. I don't consider myself a trader, but still have managed to amass 100 trades this year... Unfortunately, Uncle Sam requires me to account for each of them. Of course I have an accountant, but my accounting to him I still find burdensome. I suppose that when one makes 1000s on a given trade, 5 minutes of accounting is nothing, but when one loses on a trade, it just seems to be a big chore. I have certainly won more than lost this year (:-)), but have lost often enough so that these 5-minute dings are burdensome. A penny for your thoughts. Rob