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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.84-0.7%Dec 31 3:59 PM EST

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To: Eric Wells who wrote (104158)5/26/2000 5:37:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
The point I was trying to make in the statement above is that some investors have suffered
severe financial hardship by investing in new economy stocks. I'm not blaming William or
Eugene - I'm just stating that some investors have lost a lot of money by investing in the
same stocks that William and Eugene appear to be promoting.


I agree with this.

Good question - the answer to which we don't know yet. My view is that it is a very very risky
game to buy and hold a stock that has been propped up by momentum investing.


I agree with this too. So moving forward, what is one to do in the market or should move those funds elsewhere?

Let's make an assumption, one that I and suspect Sarmad agreees with, that the Underwriters, Analysts, VCs, insiders of many of these firms are simply crooks. They do anything they can to inflate revenue and the perception of huge profit returns in the future and yet they know that will never happen. Let's say that is the current stock market. Would it not be wise to not play in this area at all?

Glenn
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