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


To: Sarmad Y. Hermiz who wrote (41244)2/19/1999 8:23:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Sramd--principle #1 is make money. Principle # 2 is don't give it back. I am only down on techs if I think they are going down. By the way, I don't think this market is on solid ground, but it can still do a little bounce. Today was living proof that a wiley coyote could make money with only two principles and a lot of nerve, not to mention loads of luck and perfect timing. Guess that is why most of us watched it with our mouths open -- including me -- I was busy making and losing money and getting screwed in new ways. Ended up down on the day -- but ok. Bought calls at 5/16ths, sold then them at 7/16ths until the buyers dried up and ended up selling at a discount to the underlying stock -- ouch!



To: Sarmad Y. Hermiz who wrote (41244)2/19/1999 8:54:00 PM
From: sea_biscuit  Read Replies (4) | Respond to of 164684
 
Of course, it is a low-margin retailer!! And in some ways, Amazon.com is worse off than the Albertson's and the JC Penney's of the world -- because if I am in Safeway or Target, I have to go out of the store, get into the car, drive up to the other place, find a parking place, get out of the car, and get into the other store to compare prices.

On the computer, however, all it takes me to go from amazon.com to barnesandnoble.com or to shopping.com is a few effortless keystrokes...