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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: Victor Lazlo who wrote (110026)10/9/2000 9:07:17 PM
From: GST  Read Replies (2) of 164684
 
Victor: I bought puts on JNPR today -- at a market cap of 67 billion I just don't see how they will hold up in this market. I don't see how you can have a stock justify its price at 200 times SALES - no matter what the prospects. Perhaps a company with an across the board cure for cancer might be an exception.
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