Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

3:59 PM EST

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To: GST who wrote (113400)	12/27/2000 8:59:40 PM
From: Alomex	Read Replies (1) of 164684

impossible for those who were blinded by "new economy" stock prices of last March to realize that a stock down 90% can go down a further 90%. Surely you exaggerate. I'd say few e-commerce companies out there are trading at 1% of their yearly high... OTOH, a stock that has gone down 90% can certainly go down another 50%... I can think of quite a few dot coms trading below 5% of yearly highs...

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