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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%3:59 PM EST

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To: Bill Harmond who wrote (101116)4/17/2000 7:50:00 PM
From: Richard Bunker  Read Replies (2) of 164684
 
William,

Thanks for the great post.

Taxes have been exasperating me for years now *grin*.

The market might be keeping me up at night, but there are a few things about Amazon that I certainly know: I still like books, and still like buying them from Amazon.com, and still believe that Amazon 'gets' B2C e-commerce better than anyone else.

I don't know where the market (or the stocks I own) are going next week or next month, but I am strongly confident that they are going to be worth quite a bit more five years from now than they are today.

I really don't think that investing in early stage NASDAQ companies should be done with less than a one-year horizon at the very least. And as the prices often reflect value three years into the future, the stocks should probably be held for that long as well.

Just my $.02.

Rick.
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