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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 10:37:00 PM
From: Bill Harmond	Read Replies (1) of 164684

>>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. Alot of people lost money buying semiconductor stocks in 1995. Or banks in 1998. Or AOL in 1996. Or Microsoft in 2000. Happens all the time. The market is a continuum, the story evolves and changes. Stocks don't just go up, come down, then disappear. >>appear to be promoting. Appear to be promoting? What does that mean? It sounds to me like you're assigning ulterior motives. I'm not promoting anything. I'm communicating my investment theses. If I'm long the stock I'm on record. You shape your words like there is something sinister going on. There isn't. >>[or] They're already in too deep - and they are essentially "buying the dip" in order to try to salvage some of their losses. That is among the most naive things I have ever heard, Eric. >>The New Era Mantra: Make money now at all costs - deal with any ethical implications later (there will be plenty of time to consider such issues as you relax in your villa). You keep thinking that and you savage your opportunity. The internet is real, it's young, and it will be a larger global economic force than anyone has imagined. Try living untouched by the Web now Eric; you can't. It's impossible. It will only become more pervasive. It's like the automobile, mass production, pressurized indoor plumbing, or the telephone, or electricity, or television. None of those came near their economic (or investment) potential in the first five years. Most importantly The Internet subsumes all other communication media. All of them.

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