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


To: Glenn D. Rudolph who wrote (26441)11/17/1998 4:33:00 PM
From: L.J. Hoffman  Read Replies (1) | Respond to of 164684
 
Well...that was fun. 20+ rise on the announcement that they were offering to sell additional items. I guess if they announce they've actually sold at a profit electronics and videos, the stock will rise, what, a 100 bucks a share? [ok, intraday, I don't wanna be stupid about it and claim it will close that high.]

I stopped going to the Yahoo AMZN board because it was just a lot of baseless yelling like IT WILL BE $150 BY FRIDAY or IT WILL BE BELOW $50 BY NEXT WEEK. But now I think that's about as useful as any other analysis. Maybe more so.

I have have finally capitulated. Covered my short, dumped my puts, flushed my LEAPS and put the pitiful remains in a bond fund.

Ahhhhh...peace at last.