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

To: Kedels who wrote (33350)	1/8/1999 12:13:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I am a newcomer to SI and noticed you are in the same situation as myself with AMZN. I shorted at 285 or 95 post split and really am feeling the squeeze. I agree that the fundamentals are absurd for this co. and it is just a matter of time before a major correction, but how long can we wait? It seems daytraders and wealthy individuals are manipulating this stock due to its small float. When will the party end? AMZN is an interesting concept but not a winning business model. Margins are to tight and marketing too high! Hold on tightly. Regards, Keith Keith, I have been short this stock since March of 98. My short basis is around 13 with all the splits. I have boxed my position often to reduce equity loss but have lost enough. I will see this through. Glenn