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


To: John Donahoe who wrote (54494)5/1/1999 3:48:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
>> The investment proposition is quite clear. Will Amazon continue their "Top Line" growth? That's the bet.
<<

Is that really the "investment" proposition, or the "trading the stock price" proposition ?

Investment implies return on investment. Your proposed method is based on trading the stock price at a slow rate. It is great for minimizing effort and expenses. And also you are right on the entry price. So did you sell at 200+, or were you waiting for the breakout like everyone else ?



To: John Donahoe who wrote (54494)5/1/1999 7:44:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
The "forever longs" as you call them, will buy at 100. At least I know that I will. I try to double and triple my money, not pick up $5 and $10 swings. Too small for my taste.

As a "now trader", I have a comment;

If Amzn drops to 100, I will have the opportunity to decide if I want to buy 400 shares and hope that it will again double in 2 months. The $40K will be all Amzn trading profit from the past 4 months. As far as "now" is concerned, trading $$ is too material to be ignored.