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

AMZN 222.55

-1.6%

3:59 PM EST

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To: Danny who wrote (84010)	11/12/1999 12:26:00 PM
From: Robert Rose	Read Replies (1) of 164684

My problem with fnsr is that I haven't quite known how to value it. I wouldn't price a fiber optic transceivers business in the same way I'd price a fiber optic switching concern, for example. To my knowledge, only vixl is a publicly traded competitor, and vixl is hardly worth comparing. fnsr seems to be a solid second-tier broadband hardware company. Perhaps cobt might be a decent comparison. But fnsr's market cap is already larger than cobt's. So in a weak market like this, I'm staying away from fnsr and hoping for a retrace to 70, anyway. Just so hard to make much money on ipos right now. Even fnsr's volatility has been pretty paltry.

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