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


To: MoonBrother who wrote (34009)1/10/1999 11:20:00 AM
From: Bo Le  Read Replies (1) | Respond to of 164684
 
Winter is here. But when winter comes, is spring far away?
Bears come out hibernation when spring comes.

Bo Le



To: MoonBrother who wrote (34009)1/10/1999 11:37:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I can understand your
opinion and to some degree agree with you toward AMZN, but the realty is that just
because you believe your thought is right, doesn't mean you make any money on it. In
fact, your "correct" opinion has caused you dearly, more than $500/per share in total I
guess? You come here to make money, right? Why you were so stubborn to lose your
OWN money to fight for so-called "valuation"?


MB,

You are pointing out the lesson that has cost me dearly. I agree with everything you say and this huge cost has at least taught me something.

As I said before, even if your opinion
proves to be correct by year 2002 and AMZN drops to $10, were you be able to survive
until then to make your loss back?


I admit to have been "stupid" fighting the tape. I believed incorrectly, that my pockets were deep enough to withstand however high AMZN would go. I di not know when it would break down and apparently it has not yet. That lesson is over except I still have enough equity to remain in the game long or short or with other stocks. It feels very badly to have lost the amount I lost. I also feel stupid.

It still remains that I did not lose all my equity so I have a chance to make money in the market and reduce my losses either through AMZN long or short or other firms. I am gun shy in that I have a firhgt now of equity loss. My risk tolerance has decreased quite significantly and I tent to panic too easily. I need to step back and watch from the sidelines a bit to regain self confidence.

I also thank all those bullish posters that recommended I cover my short. I am not the type to follow the heard and I did not listen but I was wrong.

Glenn



To: MoonBrother who wrote (34009)1/10/1999 9:15:00 PM
From: Dwight E. Karlsen  Respond to of 164684
 
>Let me say this, the fact that I'm now seeing more shorts on this board make me very happy.

Who is new here? I've posted here since last June/July. ATG has been around for quite awhile I think. Actually you are the one who has been absent the board for quite a while, though now you are back. Are you anxious? There are still far more bulls than bears here, if you are attempting to do some kind of ratio.

>He (Keith Benjamin) was stunned by how short the supposed "bad news" on $250mil Q4 revenue had effected AMZN.

That's because he doesn't understand that stocks drop for no apparent reason, other than the time comes when the excitement subsides, no big news to look forward to until next year, etc. Also Mr. KB doesn't understand that the market gets its legs from things unrelated to AMZN; i.e. waiting/anticipating YHOO earnings release. IMO.