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


To: Sarmad Y. Hermiz who wrote (40106)2/15/1999 1:05:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>>I don't know. I don't personally know anyone who bought amzn stock (outside this thread).<<
It was the institutions that bought this hummer. It was the biggest mistake I made. Last May I totally discounted the elephants that were eating the "Thing" up. By the time Glenn, Jan and I figured it out. It was to late. I lost $20k in shorts $80k in puts. It took until last month to get back in the black, and that was through hedging. Which I don't want to do again. It's too stressful.
Trust me on that.