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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Jim Duffett who wrote (23746)	3/24/1999 2:57:00 PM
From: Peter V	Read Replies (1) \| Respond to of 122087

Bid.com - As I mentioned in my original post, it's not a quality stock, but it is making money for me right now, so I'm not complaining. I lost a ton in puts on AMZN, with the same rationale as you stated: no profits, overpriced, competition from Barnes & Noble, etc. But AMZN shot up anyway. As long as Bid.com keeps going up, I'm ignoring valuation, and my buy-in price is so low that I can afford some volatility. It's now up almost 28 percent, and I'm enjoying the ride.