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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.76+2.5%Dec 18 3:59 PM EST

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To: schrodingers_cat who wrote (128358)7/15/2001 3:09:52 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> Hope he took some profits!

I doubt it. by oct '00 the naz was down 30%. No one possibly believed it could go down another 50%. Which of course it did. In fact I calculate that the bubble's rise and fall served to transfer approx $1 trillion from the work-a-day folks to wall street insiders in a period of three years.
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