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

To: Robert Rose who wrote (27801)	11/23/1998 1:14:00 PM
From: Robert Rose	Respond to of 164684

Just bought some athm at 59. This is not my usual mode. Usually try not to buy into a bubble or insane craziness that we see now. However, I was 65% cash before the transaction and now 55% cash afterwards, and so am willing to speculate to this extent that this bubble has more upside that one could ever imagine. Yes, we live in astonishing times. I believe that is a fundamental imperative. (sp Dwight?). But yes these stock runups are leaving one completely breathless. It is true that I only invest in inet stocks right now, given the action and my belief in the potential. I am choosing to bet 10% of my net worth at this time that this in fact may not be the very top of the bubble. If I am wrong, I am willing to wait and by doing so risk no more than 10% of my net worth (very, very, unlikely). At any rate, I still have a heck of a lot of taxes come April 15!