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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.05-0.2%9:39 AM EST

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To: re3 who wrote (71287)8/2/1999 3:13:00 PM
From: Michael Young  Read Replies (2) of 164685
 
<<Glenn, i agree the internet is the way of the future>

The automobile was certainly the wave of the future around 1920. That didn't stop most automobile stocks from becoming worthless.

The PC was correctly predicted the wave of the future in the early 1980s. Many of those stocks become worthless, including more than a few of the "leaders." Recall that DELL didn't come public until the late 1980s. So much for the "first mover" advantage.

MIKE
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