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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: H James Morris who wrote (99528)4/8/2000 2:33:00 PM
From: allen menglin chen  Read Replies (2) of 164684
 
HJ, Look at the internet guru Steve's Y2K top 10 picks
siliconinvestor.com
It's down 8+% last Friday, while NAZ is still up a few %.

It must be due to the huge lockup expiration from last yr's record IPO. Many small B2C companies have trouble getting more cash to burn.
newsweek.com
(Dot-Coms Over a Barrel: Losing their shirts? Falling stock prices and red ink are hurting some Net companies.
A number of Internet firms have learned a punishing lesson: a falling stock price makes it hard to raise cash and keep employees. )

We better hold cash or start invest in Japan and Malaysia or even Indonesia :). Are you going to start an Asia speculative stock thread soon?
Hitech workers demand higher salary (wage inflation --> interest rate hype) instead of stock options -- I just saw that on TV last week.

Allen
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