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


To: GST who wrote (47697)3/28/1999 5:44:00 PM
From: Lizzie Tudor  Respond to of 164684
 
GST, my point is not that everybody isn't wrong sometimes in the market. I'm just getting a little tired of pundits of any kind attributing their incorrect judgment on "the stupid public". Biggs should just get up there, and say this rampant speculation is risky... that would do it I think. Of course we in California get an extra dose of the "stupid public" chanting from the republicans - LOL. Well, I might be stupid but heck I'm happy... now if I could only figure out a way to unhook myself from these phonics!



To: GST who wrote (47697)3/28/1999 6:46:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

>> Imagination, which is also a wonderful quality, is more likely to characterize the successful net investor
<<

I believe this is the model that one has to be aware of when dealing with amzn. In World War II, American navy crews could not at first imagine that Japanese pilots would actually purposely crash into the US ships and kill themselves for the sake of sinking ships.

Similarly, amzn shorts, including myself, did not imagine that amzn buyers would commit financial suicide by buying amzn at 200, just so both they and the shorts would self destruct.

The model can be extended. Just as US navy learned to anticipate the suicidal approach of the kamikaze, amzn bears learned to anticipate the hysteria of the amzn bulls. So now they cover very quickly. Some buy in advance to sell to the bulls. That is what happened the last 4 times amzn crossed 140. The shorts that did not learn this lesson, they are sunk below the waters of the Amazon.



To: GST who wrote (47697)3/28/1999 7:57:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>> being able to imagine the potential of something really big before others see it -- perhaps this has been William's strength.<,
Gst, great comment. Again today I heard a respected friend talk about the Internets potential. I think I've made some good investments in the Internet. Cisco, I think is just one good example.
I guess what I regret is being to conservative and cautious to jump in and buy the likes of eBay after it went from nit to 150.
I guess that's OK, I'll just have to make my profits slower, and not have to worry about waking up one morning and finding out, I've suddenly lost all my $money.