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

AMZN 222.55

-1.6%

3:59 PM EST

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To: H James Morris who wrote (131995)	9/28/2001 11:18:15 AM
From: Skeeter Bug	Read Replies (1) of 164684

>>Yup, but at least MSFT "earned" a P/E. Most new economy stocks never got that far.<< hj, sounds like new economy relativism to me. be careful, bro! hj, a relative of mine made a killing on dell. she threw a wad down on dell at $5/$6 and road it threw the top and partially back down. she said she didn't want to sell b/c of the cap gains tax rate. i told her that if she kept holding dell, she may not have a tax obligation at all. she thought i wasn't serious. then there was my coworker who said csco (msft, orcl, ibm) was going to double and split 4 more times when it was $60 so he could retire wealthy. when i figured those 4 companies would be worth the nation's gdp he wasn't fazed and said, "my cost basis on csco is $16. we'll NEVER see csco at $16." ho ho ho ho. it ain't the school of hard knocks w/o hard knocks. ;-)

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