Amazon.com, Inc. (AMZN) Message Board

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

AMZN 237.58

-2.7%

Nov 13 3:59 PM EST

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To: Chung Lee who wrote (100827)	4/16/2000 4:25:00 PM
From: Bearded One	Read Replies (1) of 164684

It's hard to find stocks that are not bloated pigs, even at this level. WARNING: The Bears are NOT FINISHED! Not by a long shot. Someone tell me why Amazon is worth 15 billion dollars. Someone tell me how Cisco is going to great 50 dollars of value for 2 dollars a year in revenues. Someone explain how Price/Earnings* Growth ratios greater than 1 are valid. Betcha 90 percent of the people reading this can't do the math to even explain what PE/G ratios mean in the first place. I don't know if the market will go up or down in the next day or few weeks. But in the next couple of years or so, it will suffer. Greatly. My recommendation is to sell on strength. And to sell on weakness. Don't have more than 25 percent of your liquid assets in tech stocks. If you do have more than 25 percent in tech stocks, you can either sell or wait for further corrections to put it under 25 percent all by itself.

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