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


To: Bearded One who wrote (57034)5/17/1999 11:35:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 164684
 
B, shorting a stock never brings it down. In fact, when it bottoms, you'll be the person longs need to bring the price back up. I don't know when the bottom will come in this sotck, but it has made me more money long than anything I ever had short. Keep an eye on the technicals. The bottom is a lot closer than the top, IMO



To: Bearded One who wrote (57034)5/17/1999 11:48:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
As a short, I love buying books from Amazon. I get a great deal on price, and I am
helping to bring down a company which I am short. You can't ask for a better deal.


Beared,

Your purchase is typically close to a wash since fulfillment is slightly higher than gross margins. I am not sure if you buy best sellers but those will surely be a loss.

It is fortunate one does not need service down the road with a book, CD or Video. Where would one turn in a few years?

Glenn