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


To: Glenn D. Rudolph who wrote (39516)2/11/1999 9:40:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Well I still have a large five-figure loss in amzn. It is getting narrower every day.
Fortunately, I had a six figure gain in my other stocks, so it wasn't as disasterous as it
could have been.


Sarmad,

My loss on AMZN was "amazing" now that I have input the trades into my spreadsheet. I was lucky to have some decent long positions too which helped offset the loss. The net loss for 1998 is still in the mid 6 digits area. I am back to rebuilding the portfolio.

This is why I have a hate affair with AMZN.

Glenn



To: Glenn D. Rudolph who wrote (39516)2/11/1999 1:59:00 PM
From: Randy Ellingson  Read Replies (1) | Respond to of 164684
 
Cramer stated and this not a quote, that the internet content providers have a bright future but retail e-commerce is no different than HSN which was bid up high due to the fact people would love to shop from their house. Cramer expected a divergence between content providers and e-commerce firms. That was it.

Do you give Cramer's words much credence in general? He seems to talk beyond his actual knowledge (and even beyond his convictions at times) too much for me to value his "thoughts".

Randy