SI
SI
discoversearch

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: Dwight E. Karlsen who wrote (26547)11/17/1998 10:38:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I do believe that Amazon is out of hat-tricks, and AMZN has taken a giant step towards
forcing investors to focus on fundamentals. At this point, I'm just going to be continuing
to watch and see the daily action. One thing we can expect: sales for the qtr ending Dec.
31 will be "better than expected", no matter what they actually ring up in $$. For the
remainder of 1999, I'll expect the stock to act very sluggish, and tilt down going into the
second half.


Dwight,

I will be watching too.

PS - I truly hope you put some kind of stop-loss on your short shares.

I closed them early enough today to prevent major damage. I played it later but closed those too with a sligh profit ona pull back. Nothing to be excited over.

Glenn