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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: GST who wrote (69811)7/26/1999 8:03:00 PM
From: hsg  Read Replies (1) of 164684
 
I agree that the panic selling may not have yet begun...if it does come, all these so called investors will run for the hills, as they have done throughout history...if the market falls much further (say 25%, the negative wealth effect will slow down spending which will hurt the revenue growth of the nets) we could see a major meltdown in the stocks with no earnings...(followed by consolidation...we could see Walmart buying AMZN under conditions like that)...hmmm, scary, but to avoid the net sector altogher would be to miss the boat completly...got to find some kind of a lifejacket (ABX?)...
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