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

AMZN 229.55

+0.2%

Dec 5 3:59 PM EST

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To: H James Morris who wrote (109766)	10/7/2000 5:21:25 PM
From: Robert Rose	Read Replies (2) of 164684

<Internet Capital Group Inc. <ICGE.O>, which owns about a third of VerticalNet, closed down about 9 percent to $11-7/32. During the day, Internet Capital Group hit a new 52-week low of $10-3/16, a far cry from its 52-week high of $212. > I must wonder whether this ultimately speaks poorly for the b2b sector as a whole. Granted icge has been on the cutting edge (positively and negatively) of valuations. And granted, vert's model may be flawed, in some folks' views. But given the times and the multiples, arba's, cmrc's, and ppro's multiples may not be far behind. Heaven forbid, William! Disclaimer: Large position in cmrc and small position in ppro. Not selling, just thankful for my 45% cash balance. :) Can anyone say, "asset allocation?"

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