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

To: Jenne who wrote (34105)	1/10/1999 5:20:00 PM
From: jach	Respond to of 164684

Market orders typically go into a queue that can be rather long at times. There is no quick way to extract from this queue once in.

To: Jenne who wrote (34105)	1/10/1999 5:58:00 PM
From: tonyt	Respond to of 164684

Just out of curiosity, when you placed the order what was the price, and what price was it filled at. Also, what price were you willing to pay.

To: Jenne who wrote (34105)	1/10/1999 6:59:00 PM
From: GST	Respond to of 164684

Jenne -- As complaints go -- the merits of really don't matter that much in this case because you really can't place a market order and then have a leg to stand on -- except for the bad publicity it generates. I may have mentioned there have been reports of 'price adjustments' to unhappy campers from time to time. I received one once a few years ago -- I don't even remember what I complained about but they found in my favor and lowered the price. I was pretty green and used market orders a lot. In this case it was an options purchase -- imagine if your purchase was for calls and it filled at twice what you had intended to pay and then the price dropped by 75% an hour later.

To: Jenne who wrote (34105)	1/10/1999 7:33:00 PM
From: Peter J Hudson	Respond to of 164684

Jenne, I think anyone who is advising you not to be scared, that everything will work out in the long run is giving very foolish advice. I assume that you made a market order (that in itself is telling) and it filled at a higher price than you expected. There are various ways to hedge your long position with options that will limit your down side risk, if you have the resources available to do this. If I was in your position I would place a limit order to sell at or a little above your purchase price, with luck the price will surge and you'll have your money back. You can then study the situation and make an investment you're comfortable with. If you agree with the bulls after careful analysis then you can again take a long position. You may miss a few points on the upside, but that's no big deal because the bulls believe it will just keep going up & up forever. Bottom line if this is money you can't afford to lose find a way to protect at least a portion of it or have an exit strategy that you will stick too. I don't have a clue what will happen short term, but I know what is inevitable long term. Hope it all works out. Pete

To: Jenne who wrote (34105)	1/10/1999 10:17:00 PM
From: B.J. Lee	Read Replies (4) \| Respond to of 164684

Jenne; Would you stop complaining and showing your nervousness about your AMZN purchase? You are making the bears party on your behavior. Bears sympathize you as a newbie and say its the sign of market top. etc. If you decided to purchase (and invest) AMZN, sit back and relax and come back to the market long term. If you want to make a quick buck here, you are in trouble. BTW, if AMZN pops up on Monday morning to, say, $200, will you still complain? Just curious. B.J.