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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST
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To: schrodingers_cat who wrote (128878)7/23/2001 7:56:31 PM
From: GST  Read Replies (1) of 164684
 
Cat: We are paying the price for the bubble, and for the dollar that helped fuel it. Lower rates won't matter much until we have stock prices in a range that reflects an earnings multiple DISCOUNTED below current growth rates. When the S&P is trading at less than 10 times earnings, ring a bell to tell us to buy stocks. Until then, interest rates are a sideshow.
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