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


To: Bill Harmond who wrote (60105)6/3/1999 4:18:00 AM
From: zalesky  Respond to of 164684
 
To Harmond: Here's to the eventual upside in Amazon,
and a salute to the Corps, and the Corps and the
Corps!! Semper Fie!!!



To: Bill Harmond who wrote (60105)6/3/1999 4:23:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>I think it's time to just plant the flag just like our Marines did, and tough it
> out.

Very touching story, although perhaps a more appropriate description of a long's position in AMZN would be that of a Japanese general giving a pep-talk to his troops in Hiroshima as the Enola Gay made an apparant retreat -a sharp turn and steep dive- but in reality it was just the fastest way to gain airspeed and distance before the inevitable end.




To: Bill Harmond who wrote (60105)6/3/1999 8:24:00 AM
From: cellhigh  Read Replies (1) | Respond to of 164684
 
i know i would of been rich had i just held....and i do feel your pain



To: Bill Harmond who wrote (60105)6/3/1999 8:52:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Here I have my one moment after toughing it out long term for the first time ever,
taking nothing but crap from this thread, the press and the market for six weeks (and no,
KIS, I'm not down anywhere near 50%; it's around 24%), my stocks finally start
showing life, the smoke clears, and I have my Iwo Jima moment, and its not like me?


Mr Harmond,

This is not the time to be the "martar." You may recall that I was short up to 10K shares of AMZN last year during the meteroric rise. I was sure I was correct. I tuffed it out. I took flack from the media, this thread and the market. That does sound familiar; does it not.

Now was I wrong or unlucky? You seem to believe you are correct not lucky. I differ here. "This is the market nothing more and nothing less." This company has fundamentals that are so poor I have nothing to compare them to. I lost all the equity that I could afford to lose in the market last year. I have come to grips with four things:

1. I was correct but my timing was bad.

2. I should have known to cut losses.

3. I am as smart or smarter than the next guy in doing my fundamental analysis. That does not get the money back.

4. There are no prior stock to which one can make a comparison with AMZN AOL included.

Get over it and don't play martyr to me. You were lucky but are acting as though you are not smart enough to realize that. Last year's returns were plain luck. You are no genious and you are no dummy. Learn from my mistake. I made it first and now have less equity with which to work. I wish I was lucky first. You have that advantage now. Use it my friend!

Glenn



To: Bill Harmond who wrote (60105)6/3/1999 9:27:00 AM
From: Robert Rose  Respond to of 164684
 
Thanks, William. I needed that ;>. Rob



To: Bill Harmond who wrote (60105)6/3/1999 9:51:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 164684
 
William,

You are now acting more like yourself, but is it because we finally had a bounce yesterday? Do not get too over confident or should I say too cocky, for the market has a way of decocking investors faster and harder and meaner than an individual can against another individual!

I still think that most the nets have seen their better days, but do think a few will be great long long long term investments. EBAY and YHOO are my picks, but think they are too high even though I own some of both.

Be careful William and do not let a one day bounce get you all excited only to have it all taken away the next day or so!

Hank



To: Bill Harmond who wrote (60105)6/3/1999 9:58:00 AM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Very good you are a true five star General.



To: Bill Harmond who wrote (60105)6/3/1999 12:36:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
>>Here I have my one moment after toughing it out long term for the first time ever, taking
nothing but crap from this thread, <<


William,

When you make money, it breeds envy. Most of the people throwing crap your way are the usual suspects. Assign them to /dev/null (ignore them)
Remember, you are on this thread to make money (from AMZN)
Anything else is just noise.

--Olu E.