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

AMZN 220.66

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To: im~ristine who wrote (64821)	6/27/1999 4:21:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

June 28, 1999 'Net Destinies Remembrance of bubbles past foreshadows the fate of this one By Bob Hoye The recent shakiness of the Internet sector should come as no surprise. In fact, a steep drop in the group would merely make its behavior conform to the historical norm for all investment booms linked to powerful new technologies. For centuries, every major advance in communication and transportation has translated into a marvel to users, a huge stock-market celebration and, for the economy, significantly lowered costs. But ultimately, every distinctive innovation matured and was eclipsed by the next one. interactive.wsj.com

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