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


To: H James Morris who wrote (40266)2/16/1999 10:02:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
>>The caustic combination of taking on debt and selling a stock short left Glenn
Rudolph, 47, a small businessman, with a loss he said tops $1.5 million. <<
Glenn, please don't tell me $1.5 mil?? I thought you lost $400k!


James,

My net loss in the portfolio was $400K. I was long a variety of other stocks that had decent returns. AMZN is not a stock to mess with.

Glenn



To: H James Morris who wrote (40266)2/16/1999 1:24:00 PM
From: polarisnh  Read Replies (2) | Respond to of 164684
 
Glenn,

Sorry to hear about your misadventure with shorting Amazon. OUCH! Let's hope that Xylan will make some of it back for you.

Good Luck!

Steve