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

To: Glenn D. Rudolph who wrote (32938)	1/6/1999 9:10:00 AM
From: re3	Read Replies (2) \| Respond to of 164684

Glenn, some how when the diehards throw in the towel, that is a subjective but often correct sign of a reversal. I know of a dodo that was bullish on gold, so much so that he blew his inheritance, when he said gold was going nowhere, barrick promptly went up 50 %... Still think puts are the better way to go, the time and dollar pain are limited... best wishes Howard

To: Glenn D. Rudolph who wrote (32938)	1/6/1999 9:29:00 AM
From: MoonBrother	Read Replies (2) \| Respond to of 164684

Glenn, >I am still short but may bail today. Enough is enough. I just feel sorry for you. Remember couple months ago when AMZN was at $150 I had "begged" all you shorts to close your positions and go long. I said if you did, you could have covered all your loss in couple months. You didn't listen. Several others didn't either. Today looks like AMZN will trade at $450 pre-split, and you finally decided to bail. It takes you $300/share to finally concede! What a sad story! Well, it's still not too late to join AMZN. It will take only a double for you to break even if you buy the same amount of shares you shorted at today's price - if you still have money left that is. Remember I said AMZN could very well go down to $10/sh eventually, but you may not alive for that day. You asked what I meant, well what I meant was that you would have been killed long before AMZN started to drop. A life-long lesson for you I guess? Take care. MB