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


To: Impristine who wrote (40325)2/16/1999 1:34:00 PM
From: polarisnh  Respond to of 164684
 
LOL! I hope not! I have had the misfortune of having a margin call and luckily I was able to come up with the cash to cover it. That xylan dude does sound scary!

I remember Glenn mentioning that he was thinking about shorting Amazon last year on the Ascend thread I believe. I felt the same way that he does that a lot of these Internet stocks prices are way out of whack with reality. I'm not picking on Amazon I just feel that today's prices are grossly inflated! Who knows this thing could get pushed down to $30 a share and driven up over $500 in a span of months! This tiger is a little too aggressive for me a think about shorting. My pockets aren't deep enough to cover a margin that big!

Cheers,

Steve