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


To: Slumdog who wrote (33308)1/7/1999 7:39:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Really sorry to here that you've run up some bad losses. Never let your losses run over 17 to 20 percent on these internet stocks when you go short. You need to get out of that Yhoo short position. If you think Yhoo is too risky for you Buy long then go with Aol and forget about it for a year or two you'll be amazed. Yhoo is going up near term possibly 350 to 400 hell who knows for sure i'm not setting any more price targets in here. Yes I do look at Yhoo is an indicator at times but not the only one i look at. I think it's very hard to pick a top on these stocks but if you stick with the leadership and when they do correct they will give back mush less. Too, I think the fundamental dynamics of Amzn has changed i do believe it will correct but not as bad as most would tend to say on this thread.



To: Slumdog who wrote (33308)1/7/1999 10:28:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
I am a terrified bear who is short YHOO and close to puking.
Cover or put up margin? what a decision to have to make.


I know you did not direct this question to me but this is my $.02 from my experience.

a) Never answer a margin call Let them sell the stock or cover.
The fact that you have a margin call means you are WRONG on the stock.

b) Cover your YHOO short before earnings! What will you do if YHOO announces a 3-1 split??? You will then *really* be toast!

--Olu E.