Amazon.com, Inc. (AMZN) Message Board

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

AMZN 248.41

+1.6%

3:59 PM EST

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To: H James Morris who wrote (110180)	10/11/2000 11:08:36 AM
From: GST	Read Replies (3) of 164684

HJ: "If this is a 'correction' in a bull market, I'd hate to see a bear market," It is a bear market for stocks that had attained values divorced from their fundamentals -- that covers a lot of stocks -- yhoo might be one. Compare JNPR at 150 times sales to NT at 6 times sales. Sure, JNPR is growing like a house on fire, but investors get carried away. NT on the other hand is priced to appreciate. BTW -- this looks a lot like capitulation on yhoo to me. I would not buy it here, but the tone of the market is ripe for a bounce -- obviously that is what I think else I would not be buying -- thanks for the luck.

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