Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: GST who wrote (128224)	7/12/2001 5:26:42 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

>> There was nobody out there making a rational case for buying stocks -- nothing on that whatsoever. Just hype. Good luck. << GST, the most rational case is the absurd irrational markdown that has hit some very solid companies. Take a stock like ADCT. An established telephone equipment company. It was under 6 yesterday. It is back to its price level of 1995. In the meantime, its revenues and financials are quadruple that level. And this company has little debt, and lots of cash and tangible book value. In fact it is far more rational to buy this stock (and hundreds others like it) than to sell. Needless to say, I have lots of shares.

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