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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: Bearded One who wrote (100027)4/12/2000 10:24:00 AM
From: Bearded One  Read Replies (5) of 164684
 
I'm going trying to dishearten all you crazy bulls because that way you'll sell out and save some of your money. So just to let you know, I feel *real* good about this market.

What's going to happen to the people for whom CSCO, INTC, and MSFT are their "safe" stocks? That would be probably about 80 percent of the people reading this message right now. This time it's different, huh? The fact that Cisco trades at over 30 times revenues, hey, what's that matter? You have to buy the great companies no matter what the price. Or that Intel counts investment appreciation in their revenues, hey they're a gorilla and always buy gorillas, right? And Microsoft's problems were already built in to the stock price, right? Anyone got any money left to buy the dips? The only ones with money to buy the dips are the shorts and there aren't enough of us anymore to save your sorry butts by covering.

All thoughs ideas you had about increasing your standard of living by tuning in to CNBC-- you better rid yourself of them before your neighbor does. Guarantee that several people on your block are calling their brokers right now.

My Intel puts are looking very nice.
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