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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.44+0.5%Dec 22 3:59 PM EST

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To: Paul Merriwether who wrote (71802)8/4/1999 2:49:00 PM
From: Bilow  Read Replies (2) of 164684
 
INTC sure is on a tear. In fact, as I write, the DOW is up 90 points, while the Naz is down 24 and the internets are way down.

In addition, a lot of the decent fundamental value (old-fashioned fundamental value, that is) are way down. Look at RDRT, WTSLA, for instance.

The suggestion has been made that foreigners are pulling there money out of the US. This may be true, in that the dollar is down, but I thought foreigners mostly invested in the big caps and DOW stuff. But the big guys are doing fine. I think this is a little contradictory, but I don't have an explanation.

-- Carl
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