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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Eric Wells who wrote (107028)	8/9/2000 4:38:30 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Glenn - at 4:15 pm ET yesterday, it seemed as though every investor in the nation (if not the world) was waiting breath abated in anticipation of Cisco's numbers. We knew that if the company disappointed that the market would most certainly decline today - perhaps decline substantially. But what from Cisco's earning report has resulted in such market jubilation today? $500 million in rev Eric, I was not awaiting the Cisco results but was working at my store and on my web site. My primary business is not the stock market. However, I believe you are being overly critical of the market and many investors. Cisco is clearly an excellent company that executes well. Granted much technology was purchased by Cisco but much was also developed in house. Cisco's product lines are an integral part of the current technology of out economy. It is an indicator of growth not just in the US, but world wide. The makret may value Cisco highly but that does mean Cisco is a great asset. Glenn

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