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

To: Sarmad Y. Hermiz who wrote (39935)	2/13/1999 10:04:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Sarmad--50 is what -- double the level from October? I don't think of that as overly pessimistic in a sharp market sell-off, when poor liquidity is killing the high fliers, for a business with a failing business model and lots and lots of technical damage -- in that market, pessimistic on AMZN is $10 -- or for that matter bankruptcy -- that is pessimistic. By the way, I am mainly talking about avoiding this thing and I do not suggest increasing your short position. If I had your position though, I would probably cover slowly -- you could actually do alright on this -- although I know you have been on a rough ride. When this market cracks, AMZN will be in really terrible trouble. Watch what happens next week.