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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Danny who wrote (109682)10/8/2000 10:40:24 PM
From: GST  Read Replies (2) of 164684
 
Danny "Remeber ARBA was below 60 in May, and CFLO crashed to 27 one day??? Do you really think these companies' fundamental changed so quickly?"

Fundamentals? Do you really think stocks like that trade on fundamentals? It is hard to imagine any stock trading at 150 times sales as trading on "fundamentals". These are momentum stocks -- they can trade at 1000 and then trade at 10 without any change in "fundamentals".
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