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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%3:59 PM EST

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To: GST who wrote (100515)4/14/2000 1:15:00 AM
From: Randy Ellingson  Read Replies (1) of 164684
 
GST-

Is it routine for companies to drop 90% or go bankrupt?

My guess is yes, it happens every month or at least every year. I wonder if speculators end up owning those companies more often that those who assess the business with some level of detail. Even then, every investor will pick some serious dogs in his/her lifetime.

I think it's a good thing, over all, to have more of the public investing in stocks.

Do you think the fact that markets fluctuate, sometimes strongly, actually discourages speculation? My hope is that it does, but it seems like a tough call either way.

Randy
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