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

AMZN 233.05

+2.9%

Jan 5 3:59 PM EST

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To: Robert Rose who wrote (97720)	3/29/2000 7:39:00 PM
From: Greater Fool	of 164684

>>The closing prices of homes for sale this month in P.A. averaged 35% above the asking prices Less of a problem than you might think. Consider this: there are perhaps a million houses in Silicon Valley. For every one of those houses to have increased in realized value by $500K would require $500 billion. That's not that much money when you consider that that's just one Silicon Valley company's market cap. Yahoo alone gets you a fifth of the way there. The fact remains that the dirt is still much less expensive than that in Manhattan. Or Tokyo. Or San Francisco, for that matter.

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