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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Victor Lazlo who wrote (146397)	8/28/2002 8:54:04 AM
From: GST	Read Replies (1) of 164684

"Many surveys of 401k investors in the late 90s showed that a large number had their money heavily in cash and bonds, and thus were investing far too "conservatively" to "achieve their retirement savings needs," based on traditional asset allocation models. These admonishments of these surveys seem quaint and oh so niave these days.." I agree completely -- and they turned out to be not so dumb after all - but during the mania quite a few of them jumped into the foolishness despite their prior caution. Not everyone was sucked in, not by a long shot. But the numbers who were are not small. IMO, and a lot of them were "educated" forty and fifty somethings -- those are the ones wondering what to do now about retirement funds they squandered.

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