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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.41+0.6%Nov 7 9:30 AM EST
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To: fedhead who wrote (90327)1/7/2000 11:13:00 PM
From: Bill Harmond  Read Replies (2) of 164684
 
I just think the risk/reward isn't worth it now. Look at the MSH. We've just suffered a high-volume break in an extended sector, and it's clear the money is looking for safety elsewhere. The interest rate background is terrible. I don't know how this will shake out, but it's the riskiest situation I've seen since at least early 1997.

As I remember, that was the last time Cisco was halved, and it only took a 7% yield to do it.
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