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

To: jach who wrote (29086)	12/6/1998 1:12:00 PM
From: jach	Respond to of 164684

After x'mas and after tallying the sales, reality sinks in and the hyped-baloon will go bust. Come next year AMZN will go down the jungle slopes and crash big time. All imo.

To: jach who wrote (29086)	12/6/1998 1:16:00 PM
From: jach	Read Replies (1) \| Respond to of 164684

AMZN is a 10$ stock. Tons of insiders sold out according to WSJ last week. Amazon, Excite, and many other Internet companies' insiders cashed out dumping hundred of thousands of shares. Why would one hold on to these over-inflated stocks when the insiders are runing away from them. BEWARE of buying at open thinking to make a few quick bucks. Remember when one is paying 180$+ for a share it has a lot of room to come down. If one is left holding overnight, the next morning trade, AMZN can open down 50$ or more because of some bad news that come out in the afternoon. That will pretty much wipe out a big chunk of investment. And, once AMZN crash it will take a long time to recover. Why would the brokerage houses require full cash on these stocks. Because, they know that one morning AMZN will be at 40$ and they do not need to worry about the account being in negative. Do you want your total account value to show negative. Probably not. BEWARE! sell when one has a chance NOW. All imo.