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

To: Dwight E. Karlsen who wrote (37859)	2/2/1999 3:03:00 AM
From: GST	Respond to of 164684

Dwight -- I find it hard to play AMZN even when I am right, and of course it is worse to be wrong. The premiums are too high. I actually think AMZN is going to tank, and I have placed a bet to that effect. But even if I am right, even if AMZN is fairly quickly cut down to size, it will be hard for me to make much money on this thing, and certainly I am taking more risk than it is worth. I like to see people make money -- some for me too I hope. With AMZN, the list of losers is going to grow by the day. I am not changing my view on this one -- the trend is down -- hard, fast and soon.