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

To: GST who wrote (33911)	1/9/1999 7:11:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Glenn -- I take no pleasure in seeing anybody lose money. But lets face it, some people are in a better position to absorb a loss here and there. There is a difference between a setback and being wiped out -- all the more painful if you actually worked and saved the money in the first place only to lose it in a moment of poorly advised greed. GST, I likely was a little harsh. I lost enough that my emotions are not entirely detached from this stock. I really do not like to see anyone lose money too. I did lose over nine months money that took me many years to save through my work. I blame no one but me for not cutting losses sooner. I must of lost my head but never believed a stock could become that far detached from fundamentals. I really did not mean I feel no sympathy but the greed in this stock has huge proportions. The plan with my initial short was just to make a few dollars. Not a killing. AMZN was not trading all that high at the time. I jest believed the stock price was way ahead of the company's fundamentals and would correct. There is more potential for gain going long then going short. A stock could go up 1000% when one is long but one only makes the amount of dollars they shorted if the stock was to go to zero unless it is leveraged with puts. Glenn