Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.60

-1.6%

2:13 PM EST

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To: Bearded One who wrote (98998)	4/5/2000 12:25:00 PM
From: HG	Read Replies (2) of 164684

I do get your point bearded one....but we had a decent basing in some of these stocks almost for 10 months of 1999. Do you recall what happened to YHOO thru Jan - October ? To CSCO thru Jan - August ??? No new highs at all while earnings increased significantly.... Look whats been happening to MSFT for over a year now...look at DELL.... In the end, the market proves to be a near perfect mechanism for valuing companies.....and a major crash is not the only way to resolve high valuations.... But there always will be some emerging high growth startups which will seem overvalued....

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