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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.81-0.2%9:31 AM EST

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To: Glenn D. Rudolph who wrote (96801)3/18/2000 6:59:00 PM
From: TARADO96  Read Replies (1) of 164684
 
<<I just finish buying my complete position in VERT and Blodgett has a morning speech ar Merrill staung he believe the B2Bs will never earn enough to grow into their valuations. CMRC, VERT, ARBA all fall.>>

Glen,

I listened to the whole tape. He never said that the B2B's will never earn enough to grow into their valuations. Rather, Blodget said that B2B stocks were getting expensive but that the opportunities in the sector was so great that market caps could grow to 2-3 trillion dollars in a few years. Also, he said there was more risk on being not in the game at this point. Here is the link:

biz.yahoo.com
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