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


To: Gary Walker who wrote (30529)12/20/1998 9:05:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
gary, is your company going to buy more or less computer hardware in 1999 than in 1998 due to y2k issues? tia...



To: Gary Walker who wrote (30529)12/20/1998 2:09:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>I may have to rely on AMZN short income if my plants are down!<<
Hehe. Are you telling us that your making money on YOUR short shares or, off the short sellers?



To: Gary Walker who wrote (30529)12/20/1998 11:12:00 PM
From: Victor Lazlo  Respond to of 164684
 
Victor, I don't agree with you on this. If you look at the listing of trades, most are less than 500 shares.
<< About a third are 100. The retail customer is in big time thanks to electronic trading and low commissions. At $15 a trade it doesn't take much to more in and out. It's the little guy driving these beast IMO.>>

I do not disagree. My point is that the little guy is not stupid, like so many arrogant posters presume. One reason they are making $ on AMZN.


<< Also, I'm curious about the Y2K issues you're raising. My company has a very sophisticated program for tracking Y2K. We're beginning the simulation phase. My business uses a lot of energy that's why I'm
concerned when you say you're in the business! I may have to rely on AMZN short income if my plants are down! >>

Well, make your own conclusions. I have mine. It has become cya time, too late for "do something about it time", IMO. I do not think this will be the end of the world. I think it will be a few mos of problems, and a serious, but short, recession. The rest of the world will not be so fortunate.

Victor