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

AMZN 232.08

-0.2%

Dec 29 3:59 PM EST

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To: trouthead who wrote (74906)	8/20/1999 6:40:00 PM
From: Lizzie Tudor	Read Replies (1) of 164684

JB... on this overuse of the "tulip mania" analogy, the first time I heard it was to describe the art market in the 80s. I love those pop art prints by Warhol and Lichtenstein myself. After Andy Warhol died in 1987, these things went up 20-fold and more in a year and a bunch of articles popped up about tulip mania. Well, that was an apt comparison in a way (except that fine art is not a renewable resource), nonetheless art is not a business really, etc. The problem is that a bunch of other subsequent bubbles such as real estate, biotech stocks and now internet stocks are being described with the same analogy and it doesn't apply. They should get creative and find something in the 20s... radio investments or something that is more appropriate..... but, my guess is, the reason they don't do that is because the other manias actually produced long term winners, therefore less alarmist! LOL

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