Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Bill Harmond who wrote (99718)	4/10/2000 7:28:00 PM
From: GST	Read Replies (2) of 164684

William <So far this has been a typical Internet correction> William -- you are right -- net stocks jump all over the place in valuation and this is true today. It would not be possible to show the full extent of downside until we see its full impact -- at which point it does not do you much good if you still own the stock. There was a time when the net stocks had everything going for them -- and they still bounced all over the place. Now, with much, much less going for them, they will drop farther, recovery more slowly (if at all), and they will behave like the ultra-risky, over-valued, speculative gambles that they are.

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