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

To: cellhigh who wrote (26059)	11/15/1998 7:03:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Glenn,i understand your point,but just for the record you have called amzn wrong up to now (for all practical purposes).the $ you could have made had you gone long on your first amzn post,is a bit telling. you seem to be a fixated bear,and it may cloud your(otherwise) good judgement. cellhigh, I am not arguing with being wrong about market action. My portfolio can prove it. I know I could have made millions being long but that is easy in hindsight. The prior performance is not an indication of the future. It would be pretty stupid on my part to go long now and then have it fall. I cannot say how the market will treat this stock. I still believe at some point, fundamentals will win. ps i hope i dont slammed this week too hard.i somewhat expect profit taking though. I do not wish anyone losses. You know that. The otherside of the coin is AMZN needs to fall for me to gain back more losses. You likely know when to get out if that become prudent. I use to be realtively decent at predicting price movements. The net sector has exceeded my wildest expectations and I am far from sure of myself as far as stock movement is concerned. I am still sure about AMZN fundamentals in the long run. I do want it clear that my bearish stance regarding AMZN does not flow to other net stocks such as YHOO and AOL. I also know that I have no one but myself to blame for losses I sustained. I had an option to cut losses, to go long, to exit completely, etc. I do not blame the analysts, the brokerage houses, the market makers nor the management of Amazon for my errors. I should have exited entirely since it was clear I did not understand the amount of upward momentum. It is not over yet, however<G> Glenn