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


To: KeepItSimple who wrote (38414)2/6/1999 1:56:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
People are definitely putting serious money on the line, with a whole lot less thought than for example buying a new car. I lost 6K in one trade, just disappeared overnight, about a year ago. And that wasn't even an i-nut stock. Sure there are people like William who have been in the market awhile, and have paid their dues years ago, but I think that a large percentage of ppl out there don't really believe it's possible for them to lose large sums in the stk mkt. That only happens to the other guy/gal.

Some ppl are waking up now realizing they hold Yhoo at $440-$445, or Amzn at $185-$195. It takes real money to buy very many shares at those prices, and supposedly Jenne bought 500 shrs of Amzn at $185. She's down some serious change already, if she's still long those shares, unhedged. It's started, and it ain't done yet, IMO.



To: KeepItSimple who wrote (38414)2/6/1999 8:36:00 AM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 
That person deserves a prize. Anyone want to wade back through 50,000 messages and
find the username? :-D


KIS,

I do not need to go back. It was H James' friend. H James made the post.

I'm being serious- Glenn is a wealthy man who runs a couple of jewelry stores, but even
I could feel his pain when Amazon stomped all over him. (and anyone using logic to
short the 'thing')


I am not sure what defines wealthy, but I sure do not feel wealthy at the moment. The "Thing" took more money than I ever imagined.

Glenn



To: KeepItSimple who wrote (38414)2/6/1999 12:24:00 PM
From: H James Morris  Respond to of 164684
 
Kis,
Twas I.
Trust me on that.