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

To: Glenn D. Rudolph who wrote (31840)	12/30/1998 5:13:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

Hello Glenn, I suspect over the next two-three trading days the SEC is going to do something, and the first step is for them to halt trading in some of these mania stocks. Let's see how "long term" the Amazon/yahoo/ebay/aol bulls really are when we see their brethren being halted. The Nasdaq has to do something now, or their exchange is going to quickly lose all credibility. Trust me, the Nasdaq does not want to be known as "The Casino for the next 100 years." There is going to be blood on the streets, and the players have no-one to blame but themselves. All manias end badly, and by all measures this has been the biggest mania of all time, and it will end in the worst possible way.

To: Glenn D. Rudolph who wrote (31840)	12/30/1998 5:50:00 PM
From: re3	Read Replies (2) \| Respond to of 164684

Hi Glenn, I offer these comments.. 1) the press is now cottoning on to the valuations/mkt caps, and even a cement head could see there is silliness in aol > disney, or schwab > merrill. 2) Mickey Seibert said there are 100 net traders you could use...Schwab may be a great choice, but seems there is mucho competition... 3) I always thought people weren't even reading any more...Why is the stock of the priciest net shop a store that sells books if people really don't read like they used to... 4) If a recession hits , via wall street , people will watch their discretionary spending, which I figure includes books as gifts to friends or relatives at the other end of the country... 5) as KIS says, Jan 4 would be a heck of a time to cash in, to defer taxes... 6) Still think per George Costanza, the net is good for porn and stock quotes, at least the latter is free and amznn ain't sellin' the former... 7) y2k hype will start in january. if even one thing goes wrong , the press will zero in like flies to a carcass, similarly, if the net stocks show continued weakness, the cnbc'ers will throw their arms up in the air, the analysts will swoon in saying ,yep you shoulda known they were overvalued, and the tanking will accelerate... 8) I am the proud owner of 2 jan 195 amzn puts...how are you playing it... Howard