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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: H James Morris who wrote (114478)1/5/2001 2:17:46 PM
From: GST  Read Replies (2) of 164684
 
If blow gut had not made his December call on AMZN, and if blind hype investors had not run up AMZN up to absurd price levels, I would never have posted here. It was a bubble -- its over. The new economy wonks who are waiting for their favorite stocks to go back up, up and away are going to be waiting a long, long, long, long time. The market has taken a healthy new interest in the idea that valuations matter. You cannot buy something just because it is down 90% -- that means nothing now.
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