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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%3:59 PM EST

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To: dbblg who wrote (72708)8/9/1999 2:13:00 AM
From: GST   of 164684
 
Ganesh re: strong net stocks and their 'fundamentals' -- there are no net stocks with strong fundamentals -- but some are better bets of future fundamentals than others. Right now they are all bets. When they have assets and profits we can talk fundamentals. Now, we can say which is the better speculation on future fundamentals. A great idea if it is 5% of your portfolio -- and a deeply flawed investment strategy if a person has been misled into thinking that you can construct a portfolio of net stocks and assume that you must be able to expect to at least get most of your money back later on. Every cent that goes into a speculative stock -- and this includes all net stocks -- is a cent you might never see again.
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