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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.26-1.0%Jan 30 3:59 PM EST
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To: Eric Wells who wrote (64751)6/26/1999 2:37:00 PM
From: GST  Read Replies (1) of 164685
 
Eric <the mines that survived were the ones that had found silver and had kept producing silver from the very beginning.> I don't think there is much doubt that many, and perhaps most of the new internet firms will end up bankrupt. And many internet investors as well. But there is a striking difference between the net and sliver. The net really is inducing profound changes in the global economy, global politics and global society. When the dust settles there will be a very interesting and very different world, and many people whose lives have benefited from this. As for investing, I have been a 'valuation' bear more or less consistently for some time. But I try not to stand in the way when we get speculative surges.
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