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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.38

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1:10 PM EST

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To: Sarmad Y. Hermiz who wrote (105428)	6/25/2000 1:57:00 PM
From: H James Morris	of 164684

>Successful new economy investors (not me) know when to ignore fundamentals and also they know when fundamentals will start to apply. Sarmad, I think I'm hearing from you the frustrations you have of being a value investor. Yes absolutely, value investors are very cognizant that fundamentals need apply. Now, new economy investors just need potential revenue growth hype, fueled by the likes of Forrester Research. Please note I said potential. Like Bio-techs,fuel cells,superconductors,b2b,solar power, etc. The kind of technologies that can't be delivered commercially for 15 to 20 years. I've come to learn the better the hype of the potential, means better returns for me.

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