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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: Sarmad Y. Hermiz who wrote (122229)3/30/2001 9:28:19 PM
From: 16yearcycle  Read Replies (1) of 164684
 
Would you tell us about WDC in detail, assuming you still think it is reasonably priced?

Thanks, Sarmad. I think it is a sound pick. Although I really feel that the market will do reasonably well from here on, I am REALLY concerned about telecom spending going into a multi year bear market....as a result of crushing debt. Yeah, I know I should have realized this about a year ago. I thought they could grow there way out, but it isn't in the feds cards and consumer demand isn't going to cut it either. The point is that tech may do well, while telco acts likes banks did in the early 90's.
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