Amazon.com, Inc. (AMZN) Message Board

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

AMZN 245.33

-1.5%

12:34 PM EST

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To: GST who wrote (102651)	5/2/2000 11:03:00 PM
From: Bill Harmond	Read Replies (3) of 164684

There's more to stock investing that reported or near-term estimated profits, GST. There's the value of intellectual property in the the case of Celera. They sequenced the human genome in seven months. No bad considering the government-sponsored effort has taken years and they're not finished. What does gold do for you? It doesn't turn a profit. Gold is a burden. Gold is great if you expect the US financial system to collapse (bullets may actually be more valuable than gold in that event). I just don't share your distressful imaginings! Times have never been better for the United States. We're more secure now than ever, and the US Dollar is the world's reserve currency, not gold. We have conservative fiscal policy and we're paying down the national debt. We are living in Pax Americana. The Romans didn't have it this good at the height of empire. Maybe you should move off that volcano you live on. It's making you paranoid! :)

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