Amazon.com, Inc. (AMZN) Message Board

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

AMZN 222.55

-4.4%

3:59 PM EST

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To: schrodingers_cat who wrote (115225)	1/12/2001 8:56:29 PM
From: GST	Read Replies (2) of 164684

Cat: I am pretty neutral on ARBA. I don't see it going anywhere much up or down. As for 3000, well, we have the Fed on our side. There is no crisis unless regulators in California discover new ways to say "we are incompetent". And there is money flowing back into mutual funds suggesting that the market will not soon bleed to death. Valuations are high but 3000 is not shooting for the moon. A modest rally seems in the cards and I am staying in as far as possible next week. Eventually it will dawn on enough people that we still have some unresolved valuation issues and more money will come out of the fallen idols. But that is for another day. Good luck.

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