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

To: Rob S. who wrote (27822)	11/23/1998 2:07:00 PM
From: Peter Bernhardt	Respond to of 164684

No reasonable person can believe that Amazon is now worth this much. If Amazon.com were to perform perfectly and competition would remain a minor issue, the stock price could not be sustained at these levels. Of course this is so and, as Gil has suggested, the best thing to do right now is buy some cheap long-term puts and hope that the market will sometime within our lifetimes come to its senses. That's what I've done - put a few nuts away for winter. I'll move on to other things besides following this thread. Best of luck to all. See you in March. - Peter B

To: Rob S. who wrote (27822)	11/23/1998 2:13:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

So Rob, I guess you are still short? Regardless, I very much respect Glenn for just saying, yes, this is really hurting (when that was how he was feeling.) At the same time, as I have said before, your contributions to this thread are very much appreciated. In fact, to be more honest, they go virtually without parallel when most direct. Thanks again. Rob