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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: Glenn D. Rudolph who wrote (104156)5/26/2000 5:37:00 PM
From: Eric Wells  Read Replies (1) of 164684
 
But to state that those that were long these stocks were wrong because the stocks have come down now is not necessarily true.

Glenn - you're right. We won't really know who is right or wrong until after the dust settles - say two or three years from now. For now, though, it appears that there is indeed inherent risk with many of these new economy stocks - and it is not a given that all of them will be fabulously successful.

Regaring ICGE specifically - there are not too many companies that give up nearly 90% of their market value and continue on to be stellar companies. But you never know - ICGE may be a good buy right now. But then again, maybe not.

-Eric
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