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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: GST who wrote (86898)12/9/1999 9:34:00 PM
From: Sam Sara  Read Replies (4) of 164684
 
Thanks for your impression of ISLD team- shoulda bought more, lol.

I am alternately terrified and exhilarated by market action this last month. William has been at this a lot longer than I have, and I am fascinated by the equanimity that I sense in his viewpoint. Those that have been doing this for over 20 years seem to think that this is destined to end in a rather massive correction, and that these valuations are insane. Persuasive arguments can be made for either viewpoint, but I am a realist, and am happy to make money first and worry about who is right later.

Momentum is king....value is dead.....long live the new king.

I shifted money from BVSN and SDLI to ISLD and CMRC. What a world when BVSN and SDLI are boring stocks. My sense is that we are in the last throes of this rush upwards, a few days to weeks left (I hope, lol). The subsequent decline is rumored to be precipitous, and it may well be, but it will take something (who knows what) to dissuade people from thinking that dip is anything but another buying opportunity.
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