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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%3:59 PM EST

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To: Bill Harmond who wrote (109300)10/1/2000 10:04:11 PM
From: GST  Read Replies (2) of 164684
 
William: "What does that prove, GST?" It simply indicates a market unsure of the one ingredient without which this market cannot be sustained at current valuations, much less go higher -- and that ingredient is the rate of earnings growth in the economy as a whole and by implication across a wide range of industries and of course a wide range of companies. Does this have the potential to take them all down? Yes. And which ones would be hit the hardest? The last to fall -- the ones you site as "winners" in September.
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