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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Bill Harmond who wrote (86220)	12/5/1999 12:31:00 PM
From: Eric Wells	Read Replies (2) of 164684

William: during the six or so months I have been reading and participating on the SI AMZN thread, I don't think I have ever read a post of your's that includes an expression of risk or caution - you certainly may have made such posts, but perhaps, I have missed them. I have friends and relatives who have been in the market for years, some with very large amounts of money - and nearly all with whom I have spoken have expressed concern about the recent rise in the Nasdaq and the internet stocks, and nearly all have commented on the increased risk of a potential market pullback at these heights. Even Robert Rose, on this thread this past week, posted a message where he expressed concern that the market might be over-extended (http://www.siliconinvestor.com/readmsg.aspx?msgid=12133529) - and this was when the Nasdaq was 100 points lower than it is now. Do you see any risks in investing in the market as a whole at the moment? If so, what are they? Also, do you see any risks of being long YHOO or AMZN at current levels? Thanks, -Eric Wells

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